Bank failure · CT

Whitney Bank and Trust (Hamden, CT) — failed April 12, 1991

Whitney Bank and Trust of Hamden, Connecticut was closed on April 12, 1991 and resolved through a insured deposit transfer. First Constitution Bank (CT) took over its insured deposits. At failure it held $40.6M in assets and $49.2M in deposits. The FDIC's estimated loss on the failure is $29.6M (72.9% of assets).