NEW HAMPSHIRE SAVINGS BANK Failed 1991
What happened
NEW HAMPSHIRE SAVINGS BANK of CONCORD, 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
- 3211
- FDIC Certificate
- 27287
- FDIC FIN
- 4412
- Bank name
- NEW HAMPSHIRE SAVINGS BANK
- Location
- CONCORD, NH
- Failure date
- 1991-10-10
- FDIC resolution date
- 1991-10-10
- Charter type
- SI
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $230M
- Deposits at failure
- $947M
- Assets at failure
- $1,172M
- Acquiring bank
- NEW DARTMOUTH BANK (MANCHESTER, NH)
Other banks NEW DARTMOUTH BANK acquired in FDIC resolutions