The Graveyard › Banks › 1991

Connecticut Savings and Loan

Hartford, CT · failed January 11, 1991 · FDIC certificate 31560

Connecticut Savings and Loan of Hartford, CT failed on January 11, 1991. It opened on September 19, 1968, 22 years before. At its last report before that it held $17.4 million in assets and $13.7 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1988, it held $20.0 million. The FDIC estimates that the Resolution Trust Corporation lost $3.4 million on it.

1984-031990-12

Assets at the end$17.4 millionlast report before January 11, 1991

Deposits at the end$13.7 million

Estimated loss to the fund$3.4 millionRTC

Largest in the quarterly reports$20.0 millionDecember 31, 1988

Equity to assets0.3%December 31, 1990

Loans not being repaid7.3%noncurrent, December 31, 1990

Return on assets-2.56%a year's rate, December 31, 1990

Staff11full time, December 31, 1990

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Also ended in 1991

Bank of New England, National Association · Boston, MA · $13.4 billion in assets
Southeast Bank, National Association · Miami, FL · $11.0 billion in assets
Goldome · Buffalo, NY · $9.9 billion in assets
Great American Fsa · San Diego, CA · $9.5 billion in assets
The Connecticut Bank & Trust Co · Hartford, CT · $7.2 billion in assets
Sunbelt Savings · Irving, TX · $6.0 billion in assets

History, not advice.

Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.