UNITED S & L OF TRENTON Failed 1990
What happened
UNITED S & L OF TRENTON of TRENTON, NJ was closed on 1990-06-15. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to PENN SB, FSB (WYOMISSING, PA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2815
- FDIC Certificate
- 27617
- FDIC FIN
- 7436
- Bank name
- UNITED S & L OF TRENTON
- Location
- TRENTON, NJ
- Failure date
- 1990-06-15
- FDIC resolution date
- 1991-09-06
- Charter type
- SL
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $34M
- Deposits at failure
- $277M
- Assets at failure
- $278M
- Acquiring bank
- PENN SB, FSB (WYOMISSING, PA)
Other banks PENN SB, FSB acquired in FDIC resolutions