# FIRST CONSTITUTION BANK

> **Failed bank** · NEW HAVEN, CT · failed 1992-10-02 · SI · FDIC cost $126M

## What happened

FIRST CONSTITUTION BANK of NEW HAVEN, CT was closed by state regulators on **1992-10-02**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **FIRST FEDERAL BANK A FSB** (WATERBURY, CT). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3380
- **FDIC Certificate:** 27160
- **FDIC FIN:** 4521
- **Bank name:** FIRST CONSTITUTION BANK
- **Location:** NEW HAVEN, CT
- **Failure date:** 1992-10-02
- **FDIC resolution date:** 1992-10-02
- **Charter type:** SI
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $126M
- **Deposits at failure:** $1,351M
- **Assets at failure:** $1,571M
- **Acquiring bank:** FIRST FEDERAL BANK A FSB (WATERBURY, CT)

## Other banks FIRST FEDERAL BANK A FSB has acquired in FDIC resolutions

- UNITED SA OF CENTRAL INDIANA (TIPTON, IN) — failed 1988-09-01 — /failed-bank/1914

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST CONSTITUTION BANK (FDIC ID 3380), failed 1992-10-02. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/3380.

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