BUSINESS
December 5, 1992 | From Times Staff and Wire Reports
Regulators Close 3 Thrifts: Federal regulators seized three savings and loans with combined assets of more than $8 billion, including New Jersey's largest thrift, Carteret Savings Bank. Carteret, of Newark, N.J., Security Savings Bank, of Vineland, N.J., and Second National Federal Savings Bank, of Salisbury, Md., were closed by the Office of Thrift Supervision after failing to meet capital requirements. The Resolution Trust Corp.