FIRST FS&LA OF BURLINGTON CTY Failed 1982
What happened
FIRST FS&LA OF BURLINGTON CTY of CINNAMONSON, NJ was closed on 1982-07-31. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to SECURITY SAVINGS&LOAN ASSN (VINELAND, NJ). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 685
- FDIC Certificate
- 27679
- FDIC FIN
- 1627
- Bank name
- FIRST FS&LA OF BURLINGTON CTY
- Location
- CINNAMONSON, NJ
- Failure date
- 1982-07-31
- FDIC resolution date
- 1982-07-31
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $4M
- Deposits at failure
- $105M
- Assets at failure
- $135M
- Acquiring bank
- SECURITY SAVINGS&LOAN ASSN (VINELAND, NJ)