Bank failure · NH
Homebank Fsa (Gilford, NH) — failed October 10, 1991
Homebank Fsa of Gilford, New Hampshire was closed on October 10, 1991 and resolved through a purchase and assumption. Branch Sale (NA) took over its insured deposits. At failure it held $255.1M in assets and $192.1M in deposits. The FDIC's estimated loss on the failure is $16.7M (6.5% of assets).
- Closing date
- October 10, 1991
- FDIC certificate #
- 28946
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Branch Sale
- Insurance fund
- RTC
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