Bank failure · RI
Eastland Bank (Woonsocket, RI) — failed December 11, 1992
Eastland Bank of Woonsocket, Rhode Island was closed on December 11, 1992 and resolved through a purchase and assumption (insured deposits). Fleet National Bank (RI) took over its insured deposits. At failure it held $85.4M in assets and $76.2M in deposits.
- Closing date
- December 11, 1992
- FDIC certificate #
- 19725
- Resolution
- Purchase and assumption (insured deposits) (failure)
- Acquiring institution
- Fleet National Bank
- Insurance fund
- BIF
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