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Bank failure · NJ

Orange Savings Bank (Livingston, NJ) — failed September 28, 1984

Orange Savings Bank of Livingston, New Jersey was closed on September 28, 1984 and resolved through a a/a. Hudson City Savings Bank (NJ) took over its insured deposits. At failure it held $513.4M in assets and $498.0M in deposits. The FDIC's estimated loss on the failure is $7.3M (1.4% of assets).

Closing date
September 28, 1984
FDIC certificate #
16148
Resolution
A/A (assistance)
Acquiring institution
Hudson City Savings Bank
Insurance fund
FDIC

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