ATTLEBORO PAWTUCKET SB Failed 1992

PAWTUCKET, MA · SI · view on FDIC BankFind ↗

What happened

ATTLEBORO PAWTUCKET SB of PAWTUCKET, MA was closed on 1992-08-21. The FDIC was named receiver.

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

Deposits were transferred to NEW BEDFORD INST FOR SVG (NEW BEDFORD, MA). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
3368
FDIC Certificate
90257
FDIC FIN
4510
Bank name
ATTLEBORO PAWTUCKET SB
Location
PAWTUCKET, MA
Failure date
1992-08-21
FDIC resolution date
1992-08-21
Charter type
SI
Resolution type
Payout / Insured deposits — FDIC paid insured deposits directly to depositors
FDIC DIF cost (est.)
$28M
Deposits at failure
$568M
Assets at failure
$632M
Acquiring bank
NEW BEDFORD INST FOR SVG (NEW BEDFORD, MA)