# THE FAMILY BANK AND TRUST

> **Failed bank** · ALLENSTOWN, NH · failed 1991-09-06 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $10M

## What happened

THE FAMILY BANK AND TRUST of ALLENSTOWN, NH was closed by regulators on **1991-09-06**. The FDIC was named receiver.

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

Deposits were transferred to **THE VALLEY BANK** (HILLSBOROUGH, NH). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3180
- **FDIC Certificate:** 23679
- **FDIC FIN:** 4396
- **Bank name:** THE FAMILY BANK AND TRUST
- **Location:** ALLENSTOWN, NH
- **Failure date:** 1991-09-06
- **FDIC resolution date:** 1991-09-06
- **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:** $10M
- **Deposits at failure:** $47M
- **Assets at failure:** $47M
- **Acquiring bank:** THE VALLEY BANK (HILLSBOROUGH, NH)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE FAMILY BANK AND TRUST (FDIC ID 3180), failed 1991-09-06. Retrieved via AI Analytics 2026-07-17 from https://api.ai-analytics.org/failed-bank/3180.

---

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