Exception Tracking Spreadsheet (TicklerTrax™)
Downloaded by more than 1,000 bankers. Free Excel spreadsheet to help you track missing and expiring documents for credit and loans, deposits, trusts, and more. Visualize your exception data in interactive charts and graphs. Provided by bank technology vendor, AccuSystems. Download TicklerTrax for free.
New Jersey bank closed and purchased
The OCC has appointed the FDIC as receiver for City National Bank of New Jersey, Newark, New Jersey, a national bank. The bank had branch offices in Newark and New York City. As of September 30, 2019, the bank had approximately $120 million in total assets.
The FDIC announced that it entered into a purchase and assumption agreement with Industrial Bank in Washington, D.C., to assume all of the deposits of City National. City National is the fourth FDIC-insured institution to fail this year.