# MARINE VIEW FSB

> **Failed bank** · MIDDLETOWN, NJ · failed 1991-11-01 · SL · FDIC cost $4M

## What happened

MARINE VIEW FSB of MIDDLETOWN, NJ was closed by state regulators on **1991-11-01**. The FDIC was named receiver.

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

Deposits were transferred to **SUMMIT BANK** (CHATHAM, NJ). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3230
- **FDIC Certificate:** 30027
- **FDIC FIN:** 1226
- **Bank name:** MARINE VIEW FSB
- **Location:** MIDDLETOWN, NJ
- **Failure date:** 1991-11-01
- **FDIC resolution date:** 1993-08-06
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $4M
- **Deposits at failure:** $108M
- **Assets at failure:** $119M
- **Acquiring bank:** SUMMIT BANK (CHATHAM, NJ)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=MARINE%20VIEW%20FSB

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, MARINE VIEW FSB (FDIC ID 3230), failed 1991-11-01. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/3230.

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