Bank failure · CT
Financial Savings of Hartford FSB (Hartford, CT) — failed August 17, 1990
Financial Savings of Hartford FSB of Hartford, Connecticut was closed on August 17, 1990 and resolved through a purchase and assumption. Northeast Savings, Fa (CT) took over its insured deposits. At failure it held $21.9M in assets and $17.6M in deposits. The FDIC's estimated loss on the failure is $3.2M (14.8% of assets).
- Closing date
- August 17, 1990
- FDIC certificate #
- 32371
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Northeast Savings, Fa
- Insurance fund
- RTC
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