# THE LANDMARK BANK

> **Failed bank** · HARTFORD, CT · failed 1991-03-28 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $53M

## What happened

THE LANDMARK BANK of HARTFORD, CT was closed by regulators 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
- **Estimated FDIC DIF cost:** $53M
- **Deposits at failure:** $220M
- **Assets at failure:** $228M
- **Acquiring bank:** PEOPLE'S BANK (BRIDGEPORT, CT)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE LANDMARK BANK (FDIC ID 3055), failed 1991-03-28. Retrieved via AI Analytics 2026-05-20 from https://api.ai-analytics.org/failed-bank/3055.

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