DURHAM TRUST COMPANY Failed 1991
What happened
DURHAM TRUST COMPANY of DURHAM, NH was closed on 1991-11-15. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to GRANITE BANK (KEENE, NH). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3237
- FDIC Certificate
- 16927
- FDIC FIN
- 4427
- Bank name
- DURHAM TRUST COMPANY
- Location
- DURHAM, NH
- Failure date
- 1991-11-15
- FDIC resolution date
- 1991-11-15
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $6M
- Deposits at failure
- $69M
- Assets at failure
- $71M
- Acquiring bank
- GRANITE BANK (KEENE, NH)
Other banks GRANITE BANK acquired in FDIC resolutions