Bank failure · CT

Brookfield Bank (Brookfield, CT) — failed May 8, 1992

Brookfield Bank of Brookfield, Connecticut was closed on May 8, 1992 and resolved through a insured deposit transfer. Bristol Federal Savings (CT) took over its insured deposits. At failure it held $60.7M in assets and $68.7M in deposits. The FDIC's estimated loss on the failure is $41.7M (68.7% of assets).