Journalism in the Public Interest

Fort Lee Federal Savings Bank

Fort Lee, N.J. | See all recipients in New Jersey

This investment resulted in a loss to taxpayers. See below for details.

$1.3M Disbursed
$0 Returned
$87.2K Revenue to Gov't
$1.21M Net Outstanding
$1.3M Committed
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On 4/20/2012, Fort Lee Federal Savings Bank, FSB, Fort Lee, New Jersey, was closed by the Office of the Comptroller of the Currency, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver.


Date Type Amount Program Description
08/16/2010 Dividend $17,713 CPP Dividends payment
05/17/2010 Dividend $17,713 CPP Dividends payment
02/16/2010 Dividend $17,713 CPP Dividends payment
11/16/2009 Dividend $17,713 CPP Dividends payment
08/17/2009 Dividend $16,335 CPP Dividends Paid in Aug. 2009
05/22/2009 Purchase $1,300,000 CPP Purchase - Preferred Stock w/ Exercised Warrants

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