FINANCIAL SAVINGS OF HARTFORD FSB Failed 1990
What happened
FINANCIAL SAVINGS OF HARTFORD FSB of HARTFORD, CT was closed on 1990-08-17. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to NORTHEAST SAVINGS, FA (HARTFORD, CT). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2877
- FDIC Certificate
- 32371
- FDIC FIN
- 7327
- Bank name
- FINANCIAL SAVINGS OF HARTFORD FSB
- Location
- HARTFORD, CT
- Failure date
- 1990-08-17
- FDIC resolution date
- 1991-06-19
- Charter type
- Savings bank
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $3M
- Deposits at failure
- $18M
- Assets at failure
- $22M
- Acquiring bank
- NORTHEAST SAVINGS, FA (HARTFORD, CT)