# FINANCIAL SAVINGS OF HARTFORD FSB

> **Failed bank** · HARTFORD, CT · failed 1990-08-17 · Savings bank · FDIC cost $3M

## What happened

FINANCIAL SAVINGS OF HARTFORD FSB of HARTFORD, CT was closed by state regulators 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
- **Estimated FDIC DIF cost:** $3M
- **Deposits at failure:** $18M
- **Assets at failure:** $22M
- **Acquiring bank:** NORTHEAST SAVINGS, FA (HARTFORD, CT)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FINANCIAL%20SAVINGS%20OF%20HARTFORD%20FSB

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FINANCIAL SAVINGS OF HARTFORD FSB (FDIC ID 2877), failed 1990-08-17. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/2877.

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