# NASHUA TRUST COMPANY

> **Failed bank** · NASHUA, NH · failed 1991-10-10 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $35M

## What happened

NASHUA TRUST COMPANY of NASHUA, NH was closed by regulators on **1991-10-10**. The FDIC was named receiver.

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

Deposits were transferred to **FIRST NH BANK** (CONCORD, NH). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3205
- **FDIC Certificate:** 11486
- **FDIC FIN:** 4407
- **Bank name:** NASHUA TRUST COMPANY
- **Location:** NASHUA, NH
- **Failure date:** 1991-10-10
- **FDIC resolution date:** 1991-10-10
- **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:** $35M
- **Deposits at failure:** $397M
- **Assets at failure:** $425M
- **Acquiring bank:** FIRST NH BANK (CONCORD, NH)

## Other banks FIRST NH BANK has acquired in FDIC resolutions

- BANK MERIDIAN, NATIONAL ASSOCIATION (HAMPTON, NH) — failed 1991-10-10 — /failed-bank/3209
- AMOSKEAG BANK (MANCHESTER, NH) — failed 1991-10-10 — /failed-bank/3207
- BANKEAST (MANCHESTER, NH) — failed 1991-10-10 — /failed-bank/3206
- CITY BANK AND TRUST (CLAREMONT, NH) — failed 1991-03-29 — /failed-bank/3056

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, NASHUA TRUST COMPANY (FDIC ID 3205), failed 1991-10-10. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/3205.

---

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