SUBURBAN S&LA Failed 1983

WAYNE, NJ · SL · view on FDIC BankFind ↗

What happened

SUBURBAN S&LA of WAYNE, NJ was closed on 1983-08-31. The FDIC was named receiver.

Resolution: A/A

Deposits were transferred to ANCHOR SB FSB NJ (WAYNE, NJ). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
812
FDIC Certificate
28881
FDIC FIN
1650
Bank name
SUBURBAN S&LA
Location
WAYNE, NJ
Failure date
1983-08-31
FDIC resolution date
1983-08-31
Charter type
SL
Resolution type
A/A
FDIC DIF cost (est.)
$60M
Deposits at failure
$1,748M
Assets at failure
$2,018M
Acquiring bank
ANCHOR SB FSB NJ (WAYNE, NJ)