SENTINEL BANK Failed 1992

HARTFORD, CT · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

SENTINEL BANK of HARTFORD, CT was closed on 1992-01-31. The FDIC was named receiver.

Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to SOCIETY FOR SAVINGS (HARTFORD, CT). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
3266
FDIC Certificate
27000
FDIC FIN
4444
Bank name
SENTINEL BANK
Location
HARTFORD, CT
Failure date
1992-01-31
FDIC resolution date
1992-01-31
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.)
$28M
Deposits at failure
$74M
Assets at failure
$75M
Acquiring bank
SOCIETY FOR SAVINGS (HARTFORD, CT)