COLUMBUS TRUST COMPANY Failed 1948
What happened
COLUMBUS TRUST COMPANY of NEWARK, NJ was closed on 1948-07-24. The FDIC was named receiver.
Resolution: P&A
Deposits were transferred to 0 (0, 0). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 405
- FDIC FIN
- 0
- Bank name
- COLUMBUS TRUST COMPANY
- Location
- NEWARK, NJ
- Failure date
- 1948-07-24
- Charter type
- State commercial bank, Federal Reserve member
- Resolution type
- P&A
- Deposits at failure
- $8M
- Assets at failure
- $8M
- Acquiring bank
- 0 (0, 0)
Other banks 0 acquired in FDIC resolutions
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