# HIGHLANDS COMMUNITY BANK, N.A.

> **Failed bank** · CLINTON TOWNSHIP, NJ · failed 1992-09-25 · National commercial bank (OCC-chartered) · FDIC cost $3M

## What happened

HIGHLANDS COMMUNITY BANK, N.A. of CLINTON TOWNSHIP, NJ was closed by the OCC on **1992-09-25**. The FDIC was named receiver.

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

Deposits were transferred to **SOMERSET TRUST CO** (SOMERVILLE, NJ). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3376
- **FDIC Certificate:** 26844
- **FDIC FIN:** 4517
- **Bank name:** HIGHLANDS COMMUNITY BANK, N.A.
- **Location:** CLINTON TOWNSHIP, NJ
- **Failure date:** 1992-09-25
- **FDIC resolution date:** 1992-09-25
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $3M
- **Deposits at failure:** $20M
- **Assets at failure:** $20M
- **Acquiring bank:** SOMERSET TRUST CO (SOMERVILLE, NJ)

## Other banks SOMERSET TRUST CO has acquired in FDIC resolutions

- HOMETOWN BANK (EDISON, NJ) — failed 1992-09-25 — /failed-bank/3377

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=HIGHLANDS%20COMMUNITY%20BANK%2C%20N.A.

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, HIGHLANDS COMMUNITY BANK, N.A. (FDIC ID 3376), failed 1992-09-25. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/3376.

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