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Bank failure · NJ

Tri-County S&la (Camden, NJ) — failed November 13, 1987

Tri-County S&la of Camden, New Jersey was closed on November 13, 1987 and resolved through a abt. First American Savings Fa (PA) took over its insured deposits. At failure it held $36.5M in assets and $46.2M in deposits. The FDIC's estimated loss on the failure is $18.9M (51.8% of assets).

Closing date
November 13, 1987
FDIC certificate #
31155
Resolution
ABT (failure)
Acquiring institution
First American Savings Fa
Insurance fund
FSLIC

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