The Graveyard › Banks › 1991
Marine View FSB
Middletown, NJ · failed November 1, 1991 · FDIC certificate 30027
Marine View FSB of Middletown, NJ failed on November 1, 1991. It opened on December 2, 1938, 52 years before. At its last report before that it held $119.2 million in assets and $107.5 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1990, it held $149.8 million. The FDIC estimates that the Resolution Trust Corporation lost $3.8 million on it.
1984-031991-09
Assets at the end$119.2 millionlast report before November 1, 1991
Deposits at the end$107.5 million
Estimated loss to the fund$3.8 millionRTC
Largest in the quarterly reports$149.8 millionMarch 31, 1990
Equity to assets-0.2%September 30, 1991
Loans not being repaid5.0%noncurrent, September 30, 1991
Return on assets-5.37%a year's rate, September 30, 1991
Staff26full time, September 30, 1991
Also ended in 1991
- Bank of New England, National Association · Boston, MA · $13.4 billion in assets
- Southeast Bank, National Association · Miami, FL · $11.0 billion in assets
- Goldome · Buffalo, NY · $9.9 billion in assets
- Great American Fsa · San Diego, CA · $9.5 billion in assets
- The Connecticut Bank & Trust Co · Hartford, CT · $7.2 billion in assets
- Sunbelt Savings · Irving, TX · $6.0 billion in assets
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.
