# SUFFIELD BANK

> **Failed bank** · SUFFIELD, CT · failed 1991-09-06 · SI · FDIC cost $84M

## What happened

SUFFIELD BANK of SUFFIELD, CT was closed by state regulators on **1991-09-06**. The FDIC was named receiver.

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

Deposits were transferred to **FIRST FEDERAL BANK, FSB** (WATERBURY, CT). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3179
- **FDIC Certificate:** 18242
- **FDIC FIN:** 4395
- **Bank name:** SUFFIELD BANK
- **Location:** SUFFIELD, CT
- **Failure date:** 1991-09-06
- **FDIC resolution date:** 1991-09-06
- **Charter type:** SI
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $84M
- **Deposits at failure:** $257M
- **Assets at failure:** $295M
- **Acquiring bank:** FIRST FEDERAL BANK, FSB (WATERBURY, CT)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, SUFFIELD BANK (FDIC ID 3179), failed 1991-09-06. Retrieved via AI Analytics 2026-07-02 from https://api.ai-analytics.org/failed-bank/3179.

---

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