# THE CONNECTICUT BANK & TRUST CO

> **Failed bank** · HARTFORD, CT · failed 1991-01-06 · National commercial bank (OCC-chartered) · FDIC cost $151M

## What happened

THE CONNECTICUT BANK & TRUST CO of HARTFORD, CT was closed by the OCC 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
- **Estimated FDIC DIF cost:** $151M
- **Deposits at failure:** $6,860M
- **Assets at failure:** $7,211M
- **Acquiring bank:** NEW CONNECTICUT BANK & TRUS (HARTFORD, CT)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=THE%20CONNECTICUT%20BANK%20%26%20TRUST%20CO

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE CONNECTICUT BANK & TRUST CO (FDIC ID 2986), failed 1991-01-06. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/2986.

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