# COMMUNITY NATIONAL BANK

> **Failed bank** · GLASTONBURY, CT · failed 1991-01-11 · National commercial bank (OCC-chartered) · FDIC cost $27M

## What happened

COMMUNITY NATIONAL BANK of GLASTONBURY, CT was closed by the OCC on **1991-01-11**. The FDIC was named receiver.

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

Deposits were transferred to **FLEET BANK OF CONNECTICUT** (HARTFORD, CT). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2989
- **FDIC Certificate:** 26302
- **FDIC FIN:** 4312
- **Bank name:** COMMUNITY NATIONAL BANK
- **Location:** GLASTONBURY, CT
- **Failure date:** 1991-01-11
- **FDIC resolution date:** 1991-01-11
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $27M
- **Deposits at failure:** $87M
- **Assets at failure:** $85M
- **Acquiring bank:** FLEET BANK OF CONNECTICUT (HARTFORD, CT)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, COMMUNITY NATIONAL BANK (FDIC ID 2989), failed 1991-01-11. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/2989.

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