The Graveyard › Banks › 1982

United States Bank of Newark, N.J.

Newark · assisted March 11, 1982 · FDIC certificate 12015

United States Bank of Newark, N.J. of Newark was given assistance by the FDIC on March 11, 1982. The FDIC's list records an assistance transaction, not a closing. It opened in 1871, 111 years before. At its last report before that it held $688.5 million in assets and $576.4 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $77.3 million on it.

Assets at the end$688.5 millionlast report before March 11, 1982

Deposits at the end$576.4 million

Estimated loss to the fund$77.3 millionFDIC

On the FDIC's list: UNITED STATES BK OF NEWARK, N.J..

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Also ended in 1982

First Fs&La of Chicago · Galena · $3.5 billion in assets · assisted
The New York Bank for Savings · New York · $3.5 billion in assets · assisted
Talman Home, Fs&La · Chicago · $3.4 billion in assets
Fidelity S&LA · San Francisco · $2.9 billion in assets · assisted
The Western Saving Fund Society of Philade · Philadelphia · $2.1 billion in assets · assisted
County Fs&La · Rockville Centre · $1.4 billion in assets · assisted

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.