# THE BROOKLYN SAVINGS BANK

> **Failed bank** · DANIELSON, CT · failed 1990-10-19 · SI · FDIC cost $31M

## What happened

THE BROOKLYN SAVINGS BANK of DANIELSON, CT was closed by state regulators on **1990-10-19**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **WILLIMANTIC SAVINGS INSTITU** (WILLIMANTIC, CT). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2919
- **FDIC Certificate:** 18236
- **FDIC FIN:** 4285
- **Bank name:** THE BROOKLYN SAVINGS BANK
- **Location:** DANIELSON, CT
- **Failure date:** 1990-10-19
- **FDIC resolution date:** 1990-10-19
- **Charter type:** SI
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $31M
- **Deposits at failure:** $94M
- **Assets at failure:** $131M
- **Acquiring bank:** WILLIMANTIC SAVINGS INSTITU (WILLIMANTIC, CT)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=THE%20BROOKLYN%20SAVINGS%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE BROOKLYN SAVINGS BANK (FDIC ID 2919), failed 1990-10-19. Retrieved via AI Analytics 2026-06-25 from https://api.ai-analytics.org/failed-bank/2919.

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