Bank failure · NJ
Bankers Trust Company (Atlantic City, NJ) — failed February 1, 1940
Bankers Trust Company of Atlantic City, New Jersey was closed on February 1, 1940 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $2.1M in assets and $986K in deposits.
- Closing date
- February 1, 1940
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC
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