THE CONNECTICUT BANK & TRUST CO Failed 1991

HARTFORD, CT · National commercial bank (OCC-chartered) · view on FDIC BankFind ↗

What happened

THE CONNECTICUT BANK & TRUST CO of HARTFORD, CT was closed on 1991-01-06. The FDIC was named receiver.

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

Deposits were transferred to NEW CONNECTICUT BANK & TRUS (HARTFORD, CT). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
2986
FDIC Certificate
2545
FDIC FIN
4310
Bank name
THE CONNECTICUT BANK & TRUST CO
Location
HARTFORD, CT
Failure date
1991-01-06
FDIC resolution date
1991-07-14
Charter type
National commercial bank (OCC-chartered)
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$151M
Deposits at failure
$6,860M
Assets at failure
$7,211M
Acquiring bank
NEW CONNECTICUT BANK & TRUS (HARTFORD, CT)