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Data / Bank failures / 2004 / Dollar Savings Bank

Dollar Savings Bank, Newark, NJ: failed February 14, 2004

Dollar Savings Bank in Newark, New Jersey, failed on February 14, 2004. It held $13.4 million in assets and $10.9 million in deposits at its last report. By assets it was the 4th largest of 4 banks closed or assisted in 2004.

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The FDIC's record

Closed
February 14, 2004
Type
Failure
How it was resolved
Payout: the FDIC paid insured depositors directly
Total assets
$13,408,000
Total deposits
$10,909,000
Charter
Savings bank
Insurance fund
SAIF
FDIC certificate
31330

The FDIC record

All bank failures in 2004 · 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.