Bank failure · CT
Connecticut Savings and Loan (Hartford, CT) — failed January 11, 1991
Connecticut Savings and Loan of Hartford, Connecticut was closed on January 11, 1991 and resolved through a purchase and assumption. Bank of Boston Ct/Bboc (CT) took over its insured deposits. At failure it held $17.4M in assets and $13.7M in deposits. The FDIC's estimated loss on the failure is $3.4M (19.3% of assets).
- Closing date
- January 11, 1991
- FDIC certificate #
- 31560
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Bank of Boston Ct/Bboc
- Insurance fund
- RTC
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