Bank failure · CT
Danburry Savings & Loan (Danbury, CT) — failed July 12, 1991
Danburry Savings & Loan of Danbury, Connecticut was closed on July 12, 1991 and resolved through a purchase and assumption. Bristol FSB (CT) took over its insured deposits. At failure it held $270.2M in assets and $184.1M in deposits. The FDIC's estimated loss on the failure is $24.7M (9.1% of assets).
- Closing date
- July 12, 1991
- FDIC certificate #
- 27825
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Bristol FSB
- Insurance fund
- RTC
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