Bank failure · CT

Harbor National Bank of Connecticut (Branford, CT) — failed October 3, 1991

Harbor National Bank of Connecticut of Branford, Connecticut was closed on October 3, 1991 and resolved through a purchase and assumption. The New Haven Savings Bank (CT) took over its insured deposits. At failure it held $22.9M in assets and $22.8M in deposits. The FDIC's estimated loss on the failure is $1.7M (7.2% of assets).