# THE MERIDEN TRUST AND SAFE DEPOSIT

> **Failed bank** · MERIDEN, CT · failed 1994-07-07 · State commercial bank, non-Federal Reserve member (FDIC-supervised)

## What happened

THE MERIDEN TRUST AND SAFE DEPOSIT of MERIDEN, CT was closed by regulators on **1994-07-07**. The FDIC was named receiver.

**Resolution:** Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to **PEOPLE'S SAVINGS BANK & TRU** (NEW BRITAIN, CT). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3489
- **FDIC Certificate:** 20442
- **FDIC FIN:** 4612
- **Bank name:** THE MERIDEN TRUST AND SAFE DEPOSIT
- **Location:** MERIDEN, CT
- **Failure date:** 1994-07-07
- **FDIC resolution date:** 1994-11-07
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $0M
- **Deposits at failure:** $0M
- **Assets at failure:** $3M
- **Acquiring bank:** PEOPLE'S SAVINGS BANK & TRU (NEW BRITAIN, CT)
- **FDIC comments:** Least cost test not applicable as bank did not have insured deposits

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=THE%20MERIDEN%20TRUST%20AND%20SAFE%20DEPOSIT

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE MERIDEN TRUST AND SAFE DEPOSIT (FDIC ID 3489), failed 1994-07-07. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/3489.

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