# THE BANK MART

> **Failed bank** · BRIDGEPORT, CT · failed 1991-12-13 · SI · FDIC cost $94M

## What happened

THE BANK MART of BRIDGEPORT, CT was closed by state regulators 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
- **Estimated FDIC DIF cost:** $94M
- **Deposits at failure:** $487M
- **Assets at failure:** $578M
- **Acquiring bank:** GATEWAY BANK (SOUTH NORWALK, CT)

## Other banks GATEWAY BANK has acquired in FDIC resolutions

- COLUMBIA FED. SAVINGS BANK (WESTPORT, CT) — failed 1989-02-17 — /failed-bank/2124

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=THE%20BANK%20MART

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE BANK MART (FDIC ID 3247), failed 1991-12-13. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/3247.

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