NUMERICA SAVINGS BANK, FSB Failed 1991
What happened
NUMERICA SAVINGS BANK, FSB of MANCHESTER, NH was closed on 1991-10-10. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to NEW DARTMOUTH BANK (MANCHESTER, NH). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3208
- FDIC Certificate
- 17237
- FDIC FIN
- 4408
- Bank name
- NUMERICA SAVINGS BANK, FSB
- Location
- MANCHESTER, NH
- Failure date
- 1991-10-10
- FDIC resolution date
- 1991-10-10
- Charter type
- Savings bank
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $111M
- Deposits at failure
- $437M
- Assets at failure
- $509M
- Acquiring bank
- NEW DARTMOUTH BANK (MANCHESTER, NH)
Other banks NEW DARTMOUTH BANK acquired in FDIC resolutions