ENFIELD NATIONAL BANK Failed 1991

What happened

ENFIELD NATIONAL BANK of ENFIELD, CT was closed on 1991-08-16. The FDIC was named receiver.

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

Deposits were transferred to SAVINGS INSTITUTE (WILLIMANTIC, CT). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID

3163

FDIC Certificate

27463

FDIC FIN

4386

Bank name

ENFIELD NATIONAL BANK

Location

ENFIELD, CT

Failure date

1991-08-16

FDIC resolution date

1991-08-16

Charter type

National commercial bank (OCC-chartered)

Resolution type

Insured Deposit Transfer — insured deposits transferred to another bank

FDIC DIF cost (est.)

$5M

Deposits at failure

$20M

Assets at failure

$19M

Acquiring bank

SAVINGS INSTITUTE (WILLIMANTIC, CT)