CONNECTICUT SAVINGS BANK Failed 1991
What happened
CONNECTICUT SAVINGS BANK of NEW HAVEN, CT was closed on 1991-11-14. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to CENTERBANK (WATERBURY, CT). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3235
- FDIC Certificate
- 18239
- FDIC FIN
- 4424
- Bank name
- CONNECTICUT SAVINGS BANK
- Location
- NEW HAVEN, CT
- Failure date
- 1991-11-14
- FDIC resolution date
- 1991-11-14
- Charter type
- SI
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $203M
- Deposits at failure
- $898M
- Assets at failure
- $1,045M
- Acquiring bank
- CENTERBANK (WATERBURY, CT)
Other banks CENTERBANK acquired in FDIC resolutions