# MASSACHUSETTS BANK & TRUST CO.

> **Failed bank** · BROCKTON, MA · failed 1992-07-31 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $13M

## What happened

MASSACHUSETTS BANK & TRUST CO. of BROCKTON, MA was closed by regulators on **1992-07-31**. The FDIC was named receiver.

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

Deposits were transferred to **HAYMARKET COOP BANK** (BOSTON, MA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3363
- **FDIC Certificate:** 18966
- **FDIC FIN:** 4507
- **Bank name:** MASSACHUSETTS BANK & TRUST CO.
- **Location:** BROCKTON, MA
- **Failure date:** 1992-07-31
- **FDIC resolution date:** 1992-07-31
- **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:** $13M
- **Deposits at failure:** $59M
- **Assets at failure:** $62M
- **Acquiring bank:** HAYMARKET COOP BANK (BOSTON, MA)

## Other banks HAYMARKET COOP BANK has acquired in FDIC resolutions

- OLYMPIC INTERNATIONAL BANK & TRUST (BOSTON, MA) — failed 1992-06-26 — /failed-bank/3351

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=MASSACHUSETTS%20BANK%20%26%20TRUST%20CO.

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, MASSACHUSETTS BANK & TRUST CO. (FDIC ID 3363), failed 1992-07-31. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/3363.

---

*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*