# MAINE SAVINGS BANK

> **Failed bank** · PORTLAND, ME · failed 1991-02-01 · SI · FDIC cost $184M

## What happened

MAINE SAVINGS BANK of PORTLAND, ME was closed by state regulators 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
- **Estimated FDIC DIF cost:** $184M
- **Deposits at failure:** $1,191M
- **Assets at failure:** $1,183M
- **Acquiring bank:** FLEET BANK OF MAINE (PORTLAND, ME)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, MAINE SAVINGS BANK (FDIC ID 3006), failed 1991-02-01. Retrieved via AI Analytics 2026-07-10 from https://api.ai-analytics.org/failed-bank/3006.

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