Bank failure · MA

Attleboro Pawtucket Sb (Pawtucket, MA) — failed August 21, 1992

Attleboro Pawtucket Sb of Pawtucket, Massachusetts was closed on August 21, 1992 and resolved through a purchase and assumption (insured deposits). New Bedford Inst for Svg (MA) took over its insured deposits. At failure it held $632.5M in assets and $567.7M in deposits. The FDIC's estimated loss on the failure is $28.1M (4.4% of assets).