Bank failure · CT

Sentinel Bank (Hartford, CT) — failed January 31, 1992

Sentinel Bank of Hartford, Connecticut was closed on January 31, 1992 and resolved through a purchase and assumption. Society for Savings (CT) took over its insured deposits. At failure it held $74.8M in assets and $73.5M in deposits. The FDIC's estimated loss on the failure is $27.5M (36.8% of assets).