# WHITE HORSE FS & LA

> **Failed bank** · TRENTON, NJ · failed 1991-11-22 · SL · FDIC cost $17M

## What happened

WHITE HORSE FS & LA of TRENTON, NJ was closed by state regulators on **1991-11-22**. The FDIC was named receiver.

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

Deposits were transferred to **COLLECTIVE FSB** (EGG HARBOR, NJ). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3241
- **FDIC Certificate:** 30665
- **FDIC FIN:** 1277
- **Bank name:** WHITE HORSE FS & LA
- **Location:** TRENTON, NJ
- **Failure date:** 1991-11-22
- **FDIC resolution date:** 1994-05-06
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $17M
- **Deposits at failure:** $68M
- **Assets at failure:** $72M
- **Acquiring bank:** COLLECTIVE FSB (EGG HARBOR, NJ)

## Other banks COLLECTIVE FSB has acquired in FDIC resolutions

- HANSEN FSA (HAMMONTON, NJ) — failed 1992-01-10 — /failed-bank/3254
- TRIDENT FEDERAL S & L ASSOC. (NEWARK, NJ) — failed 1991-01-04 — /failed-bank/2985
- METROPOLITAN FED. S & L ASSOC. (DENVILLE, NJ) — failed 1989-04-27 — /failed-bank/2364

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=WHITE%20HORSE%20FS%20%26%20LA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, WHITE HORSE FS & LA (FDIC ID 3241), failed 1991-11-22. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/3241.

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