# VERNON BANK

> **Failed bank** · VERNON, CT · failed 1992-06-26 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $3M

## What happened

VERNON BANK of VERNON, CT was closed by regulators on **1992-06-26**. The FDIC was named receiver.

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

Deposits were transferred to **BANK OF SOUTH WINDSOR** (SOUTH WINDSOR, CT). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3352
- **FDIC Certificate:** 27402
- **FDIC FIN:** 4504
- **Bank name:** VERNON BANK
- **Location:** VERNON, CT
- **Failure date:** 1992-06-26
- **FDIC resolution date:** 1992-06-26
- **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:** $3M
- **Deposits at failure:** $35M
- **Assets at failure:** $34M
- **Acquiring bank:** BANK OF SOUTH WINDSOR (SOUTH WINDSOR, CT)

## Other banks BANK OF SOUTH WINDSOR has acquired in FDIC resolutions

- BANK OF EAST HARTFORD (EAST HARTFORD, CT) — failed 1991-12-13 — /failed-bank/3249

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, VERNON BANK (FDIC ID 3352), failed 1992-06-26. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/3352.

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