Bank failure · MA
Capitol Bank and Trust Company (Boston, MA) — failed December 28, 1990
Capitol Bank and Trust Company of Boston, Massachusetts was closed on December 28, 1990 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $485.6M in assets and $442.3M in deposits. The FDIC's estimated loss on the failure is $205.9M (42.4% of assets).
- Closing date
- December 28, 1990
- FDIC certificate #
- 19572
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- BIF
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