RIVER EDGE S&LA Failed 1982
What happened
RIVER EDGE S&LA of RIVER EDGE, NJ was closed on 1982-08-02. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to CARTERET S&LA (NEWARK, NJ). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 689
- FDIC Certificate
- 29976
- FDIC FIN
- 0
- Bank name
- RIVER EDGE S&LA
- Location
- RIVER EDGE, NJ
- Failure date
- 1982-08-02
- FDIC resolution date
- 1982-08-02
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $5M
- Deposits at failure
- $47M
- Assets at failure
- $62M
- Acquiring bank
- CARTERET S&LA (NEWARK, NJ)