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Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

Failed Bank Information for Harvest Community Bank, Pennsville, NJ

On Friday, January 13, 2017, Harvest Community Bank was closed by the New Jersey Department of Banking and Insurance. The FDIC was named Receiver. First-Citizens Bank & Trust Company acquired all deposit accounts.

The FDIC as Receiver for Harvest Community Bank, Pennsville, NJ has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on February 5, 2019 and has made all dividend distributions required by law.

Effective September 1, 2019, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.

Receivership Status

TERMINATED

Notice of Termination

Effective Date: September 1, 2019


Notice of Intent to Terminate

Publication Date: February 5, 2019

Dividend Information

Report on dividends paid


Press Release

Official press release

cautionBeware of scams!

Please be advised you will not receive any email notification to claim, unlock or suspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.

caution

Beware of scams!
Please be advised you will not receive any email notification to claim/unlock/suspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.

ACQUIRING INSTITUTION: FIRST-CITIZENS BANK & TRUST COMPANY

About First-Citizens Bank & Trust Company

All deposit accounts, including brokered deposits, were transferred to First-Citizens Bank & Trust Company ("assuming institution"). Former Harvest Community Bank locations reopened as branches of First-Citizens Bank & Trust Company.

Your transferred deposits were separately insured from any accounts you may have already had at First-Citizens Bank & Trust Company for at least six months after the failure of Harvest Community Bank.

You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with First-Citizens Bank & Trust Company as long as the deposits are not pledged as collateral for loans.

Contacting First-Citizens Bank & Trust Company

You can contact First-Citizens Bank & Trust Company:

First-Citizens Bank & Trust Company
239 Fayetteville Street
Raleigh, NC 27601

First-Citizens Bank & Trust Company (www.firstcitizens.com)

Transaction Documentation

Purchase & Assumption Agreement - PDF (11Mb)
Agreement between FDIC and acquiring institution

Bid Summary
Report on the bids to purchase the failed bank

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