FIRST S&LA OF NEW BRUNSWICK Failed 1982
What happened
FIRST S&LA OF NEW BRUNSWICK of NEW BRUNSWICK, NJ was closed on 1982-01-25. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to CITY FS&LA (ELIZABETH, NJ). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 632
- FDIC Certificate
- 29737
- FDIC FIN
- 1621
- Bank name
- FIRST S&LA OF NEW BRUNSWICK
- Location
- NEW BRUNSWICK, NJ
- Failure date
- 1982-01-25
- FDIC resolution date
- 1982-01-25
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $10M
- Deposits at failure
- $266M
- Assets at failure
- $406M
- Acquiring bank
- CITY FS&LA (ELIZABETH, NJ)
Other banks CITY FS&LA acquired in FDIC resolutions