# THE HOUSATONIC BANK & TRUST CO

> **Failed bank** · ANSONIA, CT · failed 1991-07-26 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $13M

## What happened

THE HOUSATONIC BANK & TRUST CO of ANSONIA, CT was closed by regulators on **1991-07-26**. The FDIC was named receiver.

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

Deposits were transferred to **SHELTON SAVINGS BANK** (SHELTON, CT). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3149
- **FDIC Certificate:** 22325
- **FDIC FIN:** 4381
- **Bank name:** THE HOUSATONIC BANK & TRUST CO
- **Location:** ANSONIA, CT
- **Failure date:** 1991-07-26
- **FDIC resolution date:** 1991-07-26
- **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:** $13M
- **Deposits at failure:** $64M
- **Assets at failure:** $69M
- **Acquiring bank:** SHELTON SAVINGS BANK (SHELTON, CT)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=THE%20HOUSATONIC%20BANK%20%26%20TRUST%20CO

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE HOUSATONIC BANK & TRUST CO (FDIC ID 3149), failed 1991-07-26. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/3149.

---

*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*