Bank failure · MA

Winchendon Savings Bank (Winchendon, MA) — failed August 14, 1992

Winchendon Savings Bank of Winchendon, Massachusetts was closed on August 14, 1992 and resolved through a purchase and assumption (insured deposits). Athol Savings Bank (MA) took over its insured deposits. At failure it held $65.2M in assets and $64.0M in deposits. The FDIC's estimated loss on the failure is $7.3M (11.2% of assets).