BANK OF EAST HARTFORD Failed 1991
What happened
BANK OF EAST HARTFORD of EAST HARTFORD, 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 BANK OF SOUTH WINDSOR (SOUTH WINDSOR, CT). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3249
- FDIC Certificate
- 27151
- FDIC FIN
- 4431
- Bank name
- BANK OF EAST HARTFORD
- Location
- EAST HARTFORD, CT
- Failure date
- 1991-12-13
- FDIC resolution date
- 1991-12-13
- 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.)
- $13M
- Deposits at failure
- $38M
- Assets at failure
- $37M
- Acquiring bank
- BANK OF SOUTH WINDSOR (SOUTH WINDSOR, CT)
Other banks BANK OF SOUTH WINDSOR acquired in FDIC resolutions