BANKERS TRUST COMPANY Failed 1940

ATLANTIC CITY, NJ · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

BANKERS TRUST COMPANY of ATLANTIC CITY, NJ was closed on 1940-02-01. The FDIC was named receiver.

Resolution: PO

Deposits were transferred to 0 (0, 0). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
319
FDIC FIN
0
Bank name
BANKERS TRUST COMPANY
Location
ATLANTIC CITY, NJ
Failure date
1940-02-01
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
PO
Deposits at failure
$1M
Assets at failure
$2M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions