# FIRST FS&LA OF BURLINGTON CTY

> **Failed bank** · CINNAMONSON, NJ · failed 1982-07-31 · SL · FDIC cost $4M

## What happened

FIRST FS&LA OF BURLINGTON CTY of CINNAMONSON, NJ was closed by state regulators 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
- **Estimated FDIC DIF cost:** $4M
- **Deposits at failure:** $105M
- **Assets at failure:** $135M
- **Acquiring bank:** SECURITY SAVINGS&LOAN ASSN (VINELAND, NJ)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20FS%26LA%20OF%20BURLINGTON%20CTY

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST FS&LA OF BURLINGTON CTY (FDIC ID 685), failed 1982-07-31. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/685.

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