Bank failure · CT

Enfield National Bank (Enfield, CT) — failed August 16, 1991

Enfield National Bank of Enfield, Connecticut was closed on August 16, 1991 and resolved through a insured deposit transfer. Savings Institute (CT) took over its insured deposits. At failure it held $19.0M in assets and $19.8M in deposits. The FDIC's estimated loss on the failure is $4.5M (23.9% of assets).