SEACOAST SAVINGS BANK Failed 1992
What happened
SEACOAST SAVINGS BANK of DOVER, NH was closed on 1992-08-28. The FDIC was named receiver.
Resolution: Payout / Insured deposits — FDIC paid insured deposits directly to depositors
Deposits were transferred to FIRST S&LA OF NEW HAMPSH (EXETER, NH). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3370
- FDIC Certificate
- 18066
- FDIC FIN
- 4512
- Bank name
- SEACOAST SAVINGS BANK
- Location
- DOVER, NH
- Failure date
- 1992-08-28
- FDIC resolution date
- 1992-08-28
- Charter type
- SI
- Resolution type
- Payout / Insured deposits — FDIC paid insured deposits directly to depositors
- FDIC DIF cost (est.)
- $7M
- Deposits at failure
- $65M
- Assets at failure
- $85M
- Acquiring bank
- FIRST S&LA OF NEW HAMPSH (EXETER, NH)