Bank failure · NH
The Family Bank and Trust (Allenstown, NH) — failed September 6, 1991
The Family Bank and Trust of Allenstown, New Hampshire was closed on September 6, 1991 and resolved through a purchase and assumption. The Valley Bank (NH) took over its insured deposits. At failure it held $46.7M in assets and $47.0M in deposits. The FDIC's estimated loss on the failure is $10.2M (22.0% of assets).
- Closing date
- September 6, 1991
- FDIC certificate #
- 23679
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- The Valley Bank
- Insurance fund
- BIF
Other failures in 1991
- North Ridge Bank FL
- The Bank Mart CT
- Investors FSB VA
- Merchants National Bank MA
- Federal Finance & Mortgage, Ltd HI
- Bank of East Hartford CT
- Granite Co-Operative Bank MA
- Saybrook Bank and Trust Company CT
- The Douglass Bank KS
- First National Bank of Miami FL
- Peoples Fsa IA
- White Horse Fs & LA NJ
- Western Fs & LA IL
- Chase Savings & Loan PA
- Durham Trust Company NH
- Alvarado National Bank TX
- Connecticut Savings Bank CT
- Worthington State Bank IN
- Cobb Fsa GA
- Delta FSB CA
- Community National Bank and Trust NY
- Marine View FSB NJ
- Union Bank TX
- Bank of the South LA