FORT LEE FEDERAL SAVINGS BANK, FSB Failed 2012

FORT LEE, NJ · Savings bank · view on FDIC BankFind ↗

What happened

FORT LEE FEDERAL SAVINGS BANK, FSB of FORT LEE, NJ was closed on 2012-04-20. The FDIC was named receiver.

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

Deposits were transferred to ALMA BANK (ASTORIA, NY). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
3999
FDIC Certificate
35527
FDIC FIN
10433
Bank name
FORT LEE FEDERAL SAVINGS BANK, FSB
Location
FORT LEE, NJ
Failure date
2012-04-20
FDIC resolution date
2012-04-20
Charter type
Savings bank
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$12M
Deposits at failure
$48M
Assets at failure
$49M
Acquiring bank
ALMA BANK (ASTORIA, NY)