Bank failure · CT
Charter Savings & Loan (Stamford, CT) — failed June 29, 1990
Charter Savings & Loan of Stamford, Connecticut was closed on June 29, 1990 and resolved through a purchase and assumption. Greenwich Fs&la (CT) took over its insured deposits. At failure it held $103.0M in assets and $83.3M in deposits. The FDIC's estimated loss on the failure is $55.7M (54.1% of assets).
- Closing date
- June 29, 1990
- FDIC certificate #
- 32214
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Greenwich Fs&la
- Insurance fund
- RTC
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