THE LANDMARK BANK Failed 1991

HARTFORD, CT · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

THE LANDMARK BANK of HARTFORD, CT was closed on 1991-03-28. The FDIC was named receiver.

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

Deposits were transferred to PEOPLE'S BANK (BRIDGEPORT, CT). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
3055
FDIC Certificate
25817
FDIC FIN
4336
Bank name
THE LANDMARK BANK
Location
HARTFORD, CT
Failure date
1991-03-28
FDIC resolution date
1991-03-28
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$53M
Deposits at failure
$220M
Assets at failure
$228M
Acquiring bank
PEOPLE'S BANK (BRIDGEPORT, CT)