Data / Bank failures / 1936 / Central Bank and Trust Company
Central Bank and Trust Company, Newark, NJ: failed June 29, 1936
Central Bank and Trust Company in Newark, New Jersey, failed on June 29, 1936. It held $361,000 in deposits.
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The FDIC's record
- Closed
- June 29, 1936
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Total deposits
- $361,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
Other bank failures in New Jersey, 1934 to 1938
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| West Jersey Trust Company | Camden | April 11, 1938 | $9 million | |||
| Camden Safe Deposit & Trust Company | Camden | April 11, 1938 | $22.6 million | |||
| Margate Trust Company | Margate City | April 2, 1938 | $702,000 | $367,000 | ||
| The Little Ferry National Bank | Little Ferry | October 22, 1937 | $744,000 | |||
| The Raritan Trust Company | Perth Amboy | October 2, 1937 | $707,000 | $365,000 | ||
| Perth Amboy Trust Company | Perth Amboy | October 2, 1937 | $2.9 million | $1.3 million | ||
| The First National Bank of Perth Amboy | Perth Amboy | October 2, 1937 | $3.7 million | |||
| Westwood Trust Company | Westwood | September 30, 1937 | $648,000 |
All bank failures in 1936 · All bank failures in New Jersey · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-24. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.