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Bank failure · NH

Numerica Savings Bank, FSB (Manchester, NH) — failed October 10, 1991

Numerica Savings Bank, FSB of Manchester, 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 $509.1M in assets and $436.5M in deposits. The FDIC's estimated loss on the failure is $111.0M (21.8% of assets).

Closing date
October 10, 1991
FDIC certificate #
17237
Resolution
Purchase and assumption (failure)
Acquiring institution
New Dartmouth Bank
Insurance fund
BIF

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