THE BANK MART Failed 1991
What happened
THE BANK MART of BRIDGEPORT, CT was closed on 1991-12-13. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to GATEWAY BANK (SOUTH NORWALK, CT). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3247
- FDIC Certificate
- 17048
- FDIC FIN
- 4434
- Bank name
- THE BANK MART
- Location
- BRIDGEPORT, CT
- Failure date
- 1991-12-13
- FDIC resolution date
- 1991-12-13
- Charter type
- SI
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $94M
- Deposits at failure
- $487M
- Assets at failure
- $578M
- Acquiring bank
- GATEWAY BANK (SOUTH NORWALK, CT)
Other banks GATEWAY BANK acquired in FDIC resolutions