Bank failure · NJ
Continental S&la (Gloucester City, NJ) — failed May 1, 1980
Continental S&la of Gloucester City, New Jersey was closed on May 1, 1980 and resolved through a a/a. Collective Fs&la (NJ) took over its insured deposits. At failure it held $74.9M in assets and $58.5M in deposits.
- Closing date
- May 1, 1980
- FDIC certificate #
- 31221
- Resolution
- A/A (assistance)
- Acquiring institution
- Collective Fs&la
- Insurance fund
- FSLIC
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