# UNITY BK & TR COMPANY

> **Failed bank** · BOSTON, MA · failed 1982-07-30 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $3M

## What happened

UNITY BK & TR COMPANY of BOSTON, MA was closed by regulators on **1982-07-30**. The FDIC was named receiver.

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

Deposits were transferred to **BOSTON BANK OF COMMERCE** (BOSTON, MA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 680
- **FDIC Certificate:** 19831
- **FDIC FIN:** 2316
- **Bank name:** UNITY BK & TR COMPANY
- **Location:** BOSTON, MA
- **Failure date:** 1982-07-30
- **FDIC resolution date:** 1982-07-30
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $3M
- **Deposits at failure:** $11M
- **Assets at failure:** $13M
- **Acquiring bank:** BOSTON BANK OF COMMERCE (BOSTON, MA)

## Other banks BOSTON BANK OF COMMERCE has acquired in FDIC resolutions

- PEOPLES NB OF COMMERCE (MIAMI, FL) — failed 1999-09-10 — /failed-bank/3521

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=UNITY%20BK%20%26%20TR%20COMPANY

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, UNITY BK & TR COMPANY (FDIC ID 680), failed 1982-07-30. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/680.

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