Bank failure · NJ
The Montgomery National Bank (Montgomery Twnsp, NJ) — failed June 29, 1990
The Montgomery National Bank of Montgomery Twnsp, New Jersey was closed on June 29, 1990 and resolved through a purchase and assumption. Amboy National Bank (NJ) took over its insured deposits. At failure it held $92.6M in assets and $91.6M in deposits.
- Closing date
- June 29, 1990
- FDIC certificate #
- 22409
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Amboy National Bank
- Insurance fund
- BIF
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