Bank failure · NH
New Hampshire Savings Bank (Concord, NH) — failed October 10, 1991
New Hampshire Savings Bank of Concord, New Hampshire was closed on October 10, 1991 and resolved through a purchase and assumption. New Dartmouth Bank (NH) took over its insured deposits. At failure it held $1.2B in assets and $947.2M in deposits. The FDIC's estimated loss on the failure is $229.7M (19.6% of assets).
- Closing date
- October 10, 1991
- FDIC certificate #
- 27287
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- New Dartmouth Bank
- Insurance fund
- BIF
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