# MALDEN TRUST COMPANY

> **Failed bank** · MALDEN, MA · failed 1992-05-15 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $39M

## What happened

MALDEN TRUST COMPANY of MALDEN, MA was closed by regulators on **1992-05-15**. The FDIC was named receiver.

**Resolution:** Payout / Insured deposits — FDIC paid insured deposits directly to depositors

Deposits were transferred to **EASTERN BANK** (LYNN, MA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3326
- **FDIC Certificate:** 8158
- **FDIC FIN:** 4490
- **Bank name:** MALDEN TRUST COMPANY
- **Location:** MALDEN, MA
- **Failure date:** 1992-05-15
- **FDIC resolution date:** 1992-05-15
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Payout / Insured deposits — FDIC paid insured deposits directly to depositors
- **Estimated FDIC DIF cost:** $39M
- **Deposits at failure:** $238M
- **Assets at failure:** $225M
- **Acquiring bank:** EASTERN BANK (LYNN, MA)

## Other banks EASTERN BANK has acquired in FDIC resolutions

- SHORE BANK & TRUST CO. (LYNN, MA) — failed 1992-04-24 — /failed-bank/3313

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=MALDEN%20TRUST%20COMPANY

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, MALDEN TRUST COMPANY (FDIC ID 3326), failed 1992-05-15. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/failed-bank/3326.

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