DANBURRY SAVINGS & LOAN Failed 1991

DANBURY, CT · SL · view on FDIC BankFind ↗

What happened

DANBURRY SAVINGS & LOAN of DANBURY, CT was closed on 1991-07-12. The FDIC was named receiver.

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

Deposits were transferred to BRISTOL FSB (BRISTOL, CT). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
3139
FDIC Certificate
27825
FDIC FIN
2174
Bank name
DANBURRY SAVINGS & LOAN
Location
DANBURY, CT
Failure date
1991-07-12
FDIC resolution date
1992-03-13
Charter type
SL
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$25M
Deposits at failure
$184M
Assets at failure
$270M
Acquiring bank
BRISTOL FSB (BRISTOL, CT)