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Data / Bank failures / 1976 / First State Bank of Hudson County

First State Bank of Hudson County, Jersey City, NJ: failed June 14, 1976

First State Bank of Hudson County in Jersey City, New Jersey, failed on June 14, 1976. It held $14.1 million in assets and $13.8 million in deposits at its last report. By assets it was the 9th largest of 17 banks closed or assisted in 1976.

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The FDIC's record

Closed
June 14, 1976
Type
Failure
How it was resolved
Purchase and assumption: another bank took over the deposits
Total assets
$14,072,000
Total deposits
$13,790,000
Charter
State nonmember bank (FDIC)
Insurance fund
FDIC
FDIC certificate
20092

The FDIC record

Other bank failures in New Jersey, 1974 to 1978

BankCityClosedAssetsDepositsEstimated costAcquirer
The Bank of BloomfieldBloomfieldJanuary 10, 1976$31.7 million$26 million

All bank failures in 1976 · All bank failures in New Jersey · The full failed bank list

Read from the FDIC's failures data (BankFind), last updated 2026-10-23. 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.