MAINE SAVINGS BANK Failed 1991
What happened
MAINE SAVINGS BANK of PORTLAND, ME was closed on 1991-02-01. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to FLEET BANK OF MAINE (PORTLAND, ME). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3006
- FDIC Certificate
- 17721
- FDIC FIN
- 4320
- Bank name
- MAINE SAVINGS BANK
- Location
- PORTLAND, ME
- Failure date
- 1991-02-01
- FDIC resolution date
- 1991-02-01
- Charter type
- SI
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $184M
- Deposits at failure
- $1,191M
- Assets at failure
- $1,183M
- Acquiring bank
- FLEET BANK OF MAINE (PORTLAND, ME)