# MERCER SAVINGS BANK

> **Failed bank** · TRENTON, NJ · failed 1990-09-21 · SL · FDIC cost $19M

## What happened

MERCER SAVINGS BANK of TRENTON, NJ was closed by state regulators on **1990-09-21**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **PULAWSKI SB, SLA** (SOUTH RIVER, NJ). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2908
- **FDIC Certificate:** 28586
- **FDIC FIN:** 7389
- **Bank name:** MERCER SAVINGS BANK
- **Location:** TRENTON, NJ
- **Failure date:** 1990-09-21
- **FDIC resolution date:** 1991-08-02
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $19M
- **Deposits at failure:** $83M
- **Assets at failure:** $93M
- **Acquiring bank:** PULAWSKI SB, SLA (SOUTH RIVER, NJ)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=MERCER%20SAVINGS%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, MERCER SAVINGS BANK (FDIC ID 2908), failed 1990-09-21. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/2908.

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