# MID-JERSEY NATIONAL BANK

> **Failed bank** · SOMERVILLE, NJ · failed 1991-09-20 · National commercial bank (OCC-chartered) · FDIC cost $6M

## What happened

MID-JERSEY NATIONAL BANK of SOMERVILLE, NJ was closed by the OCC on **1991-09-20**. The FDIC was named receiver.

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

Deposits were transferred to **UNITED JERSEY BANK/CENTRAL,** (WEST WINDSOR TOW, NJ). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3192
- **FDIC Certificate:** 26946
- **FDIC FIN:** 4399
- **Bank name:** MID-JERSEY NATIONAL BANK
- **Location:** SOMERVILLE, NJ
- **Failure date:** 1991-09-20
- **FDIC resolution date:** 1991-09-20
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $6M
- **Deposits at failure:** $28M
- **Assets at failure:** $29M
- **Acquiring bank:** UNITED JERSEY BANK/CENTRAL, (WEST WINDSOR TOW, NJ)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, MID-JERSEY NATIONAL BANK (FDIC ID 3192), failed 1991-09-20. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/3192.

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