CONNECTICUT SAVINGS AND LOAN Failed 1991
What happened
CONNECTICUT SAVINGS AND LOAN of HARTFORD, CT was closed on 1991-01-11. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to BANK OF BOSTON CT/BBOC (WATERBURY, CT). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2991
- FDIC Certificate
- 31560
- FDIC FIN
- 2157
- Bank name
- CONNECTICUT SAVINGS AND LOAN
- Location
- HARTFORD, CT
- Failure date
- 1991-01-11
- FDIC resolution date
- 1992-02-07
- Charter type
- SL
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $3M
- Deposits at failure
- $14M
- Assets at failure
- $17M
- Acquiring bank
- BANK OF BOSTON CT/BBOC (WATERBURY, CT)