BROOKFIELD BANK Failed 1992
What happened
BROOKFIELD BANK of BROOKFIELD, CT was closed on 1992-05-08. The FDIC was named receiver.
Resolution: Insured Deposit Transfer — insured deposits transferred to another bank
Deposits were transferred to BRISTOL FEDERAL SAVINGS (BRISTOL, CT). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3324
- FDIC Certificate
- 26901
- FDIC FIN
- 4489
- Bank name
- BROOKFIELD BANK
- Location
- BROOKFIELD, CT
- Failure date
- 1992-05-08
- FDIC resolution date
- 1992-05-08
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- Insured Deposit Transfer — insured deposits transferred to another bank
- FDIC DIF cost (est.)
- $42M
- Deposits at failure
- $69M
- Assets at failure
- $61M
- Acquiring bank
- BRISTOL FEDERAL SAVINGS (BRISTOL, CT)