# UNITED STATES BK OF NEWARK, N.J.

> **Failed bank** · NEWARK, NJ · failed 1982-03-11 · MI · FDIC cost $77M

## What happened

UNITED STATES BK OF NEWARK, N.J. of NEWARK, NJ was closed by regulators on **1982-03-11**. The FDIC was named receiver.

**Resolution:** A/A

Deposits were transferred to **HUDSON CITY SAVINGS BANK** (PARAMUS, NJ). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 651
- **FDIC Certificate:** 12015
- **FDIC FIN:** 1906
- **Bank name:** UNITED STATES BK OF NEWARK, N.J.
- **Location:** NEWARK, NJ
- **Failure date:** 1982-03-11
- **FDIC resolution date:** 1982-03-11
- **Charter type:** MI
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $77M
- **Deposits at failure:** $576M
- **Assets at failure:** $688M
- **Acquiring bank:** HUDSON CITY SAVINGS BANK (PARAMUS, NJ)

## Other banks HUDSON CITY SAVINGS BANK has acquired in FDIC resolutions

- ORANGE SAVINGS BANK (LIVINGSTON, NJ) — failed 1984-09-28 — /failed-bank/921

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=UNITED%20STATES%20BK%20OF%20NEWARK%2C%20N.J.

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, UNITED STATES BK OF NEWARK, N.J. (FDIC ID 651), failed 1982-03-11. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/651.

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