THE NEW BOSTON BANK AND TRUST COMPANY Failed 1976

BOSTON, MA · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

THE NEW BOSTON BANK AND TRUST COMPANY of BOSTON, MA was closed on 1976-09-14. The FDIC was named receiver.

Resolution: P&A

Deposits were transferred to 0 (0, 0). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
536
FDIC Certificate
20120
FDIC FIN
0
Bank name
THE NEW BOSTON BANK AND TRUST COMPANY
Location
BOSTON, MA
Failure date
1976-09-14
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
P&A
Deposits at failure
$5M
Assets at failure
$7M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions