HARBOR NATIONAL BANK OF CONNECTICUT Failed 1991
What happened
HARBOR NATIONAL BANK OF CONNECTICUT of BRANFORD, CT was closed on 1991-10-03. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to THE NEW HAVEN SAVINGS BANK (NEW HAVEN, CT). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3204
- FDIC Certificate
- 26815
- FDIC FIN
- 4403
- Bank name
- HARBOR NATIONAL BANK OF CONNECTICUT
- Location
- BRANFORD, CT
- Failure date
- 1991-10-03
- FDIC resolution date
- 1991-10-03
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $2M
- Deposits at failure
- $23M
- Assets at failure
- $23M
- Acquiring bank
- THE NEW HAVEN SAVINGS BANK (NEW HAVEN, CT)
Other banks THE NEW HAVEN SAVINGS BANK acquired in FDIC resolutions