# THE BLACKSTONE BANK AND TRUST CO

> **Failed bank** · BOSTON, MA · failed 1991-03-15 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $15M

## What happened

THE BLACKSTONE BANK AND TRUST CO of BOSTON, MA was closed by regulators on **1991-03-15**. The FDIC was named receiver.

**Resolution:** Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to **BAYBANK BOSTON, N.A.** (BOSTON, MA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3039
- **FDIC Certificate:** 27003
- **FDIC FIN:** 4333
- **Bank name:** THE BLACKSTONE BANK AND TRUST CO
- **Location:** BOSTON, MA
- **Failure date:** 1991-03-15
- **FDIC resolution date:** 1991-03-15
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $15M
- **Deposits at failure:** $48M
- **Assets at failure:** $49M
- **Acquiring bank:** BAYBANK BOSTON, N.A. (BOSTON, MA)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE BLACKSTONE BANK AND TRUST CO (FDIC ID 3039), failed 1991-03-15. Retrieved via AI Analytics 2026-08-25 from https://api.ai-analytics.org/failed-bank/3039.

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