# OLD BOROUGH SAVINGS & LOAN

> **Failed bank** · TRENTON, NJ · failed 1990-12-14 · SL · FDIC cost $0M

## What happened

OLD BOROUGH SAVINGS & LOAN of TRENTON, NJ was closed by state regulators on **1990-12-14**. The FDIC was named receiver.

**Resolution:** Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to **NEW JERSEY NB** (WEST TRENTON, NJ). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2972
- **FDIC Certificate:** 30645
- **FDIC FIN:** 7416
- **Bank name:** OLD BOROUGH SAVINGS & LOAN
- **Location:** TRENTON, NJ
- **Failure date:** 1990-12-14
- **FDIC resolution date:** 1991-08-23
- **Charter type:** SL
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $0M
- **Deposits at failure:** $117M
- **Assets at failure:** $134M
- **Acquiring bank:** NEW JERSEY NB (WEST TRENTON, NJ)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=OLD%20BOROUGH%20SAVINGS%20%26%20LOAN

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, OLD BOROUGH SAVINGS & LOAN (FDIC ID 2972), failed 1990-12-14. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/2972.

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