47 failures since 1934 · $2.6 billion estimated loss
Bank failures in Connecticut
Connecticut has 47 bank failures on FDIC record since 1934, 1.3% of the national total and the 20th-highest count of any state or territory. The worst year was 1991, with 20. Since 2000 there have been 2; the most recent was The Community's Bank on September 13, 2013. The largest by assets was The Connecticut Bank and Trust Company, National Association of Hartford, with $7.2 billion, in 1991.
| Closed | Bank | Location | Total assets | Est. loss |
|---|---|---|---|---|
| September 13, 2013 | The Community's Bank | Bridgeport, CT | $26.4 million | $9.2 million |
| June 26, 2002 | Connecticut Bank of Commerce | Stamford, CT | $384 million | $53.8 million |
| Closed | Bank | Location | Total assets | Est. loss |
|---|---|---|---|---|
| July 12, 1996 | Fairfield First Bank & Trust Company | Southport, CT | $57.3 million | $5.7 million |
| July 28, 1995 | Founders Bank | New Haven, CT | $77.4 million | $10.4 million |
| July 7, 1994 | The Meriden Trust and Safe Deposit Company | Meriden, CT | $3.2 million | none |
| June 10, 1994 | The Bank of Hartford, Inc. | Hartford, CT | $321 million | $13.8 million |
| May 21, 1993 | New England Savings Bank | New London, CT | $915 million | $117 million |
| December 4, 1992 | Burritt InterFinancial Bancorporation | New Britain, CT | $524 million | $79.0 million |
| November 6, 1992 | Greenwood Bank of Bethel, Inc. | Bethel, CT | $33.3 million | $9.8 million |
| October 2, 1992 | First Constitution Bank | New Haven, CT | $1.6 billion | $126 million |
| June 26, 1992 | Vernon Bank | Vernon, CT | $34.3 million | $3.1 million |
| June 19, 1992 | Coastal Savings Bank, FSB | New London, CT | $238 million | $5.9 million |
| May 8, 1992 | Brookfield Bank | Brookfield, CT | $60.7 million | $41.7 million |
| April 24, 1992 | The Norwalk Bank | Norwalk, CT | $80.6 million | $17.4 million |
| April 9, 1992 | Fairfield County Trust Company | Stamford, CT | $132 million | $19.2 million |
| April 3, 1992 | Summit National Bank | Torrington, CT | $91.4 million | $22.8 million |
| February 28, 1992 | Colony Savings Bank | Wallingford, CT | $35.7 million | $5.7 million |
| January 31, 1992 | Sentinel Bank | Hartford, CT | $74.8 million | $27.5 million |
| December 13, 1991 | Bank of East Hartford | East Hartford, CT | $36.6 million | $12.9 million |
| December 13, 1991 | The Bank Mart | Bridgeport, CT | $578 million | $93.9 million |
| December 6, 1991 | Saybrook Bank and Trust Co. | Old Saybrook, CT | $77.3 million | $18.7 million |
| November 14, 1991 | Connecticut Savings Bank | New Haven, CT | $1.0 billion | $203 million |
| October 18, 1991 | Connecticut Valley Bank | Cromwell, CT | $28.4 million | $8.6 million |
| October 18, 1991 | Central Bank | Meriden, CT | $655 million | $242 million |
| October 3, 1991 | Harbor National Bank of Connecticut | Branford, CT | $22.9 million | $1.7 million |
| September 6, 1991 | Suffield Bank | Suffield, CT | $295 million | $83.6 million |
| August 16, 1991 | Enfield National Bank | Enfield, CT | $19.0 million | $4.5 million |
| August 9, 1991 | Mechanics and Farmers Savings Bank FSB | Bridgeport, CT | $1.1 billion | $325 million |
| August 9, 1991 | Citytrust | Bridgeport, CT | $1.9 billion | $511 million |
| July 26, 1991 | Housatonic Bank & Trust Company | Ansonia, CT | $69.1 million | $13.4 million |
| July 12, 1991 | Danbury Savings and Loan Association Incorporated | Danbury, CT | $270 million | $24.7 million |
| April 12, 1991 | Whitney Bank and Trust | Hamden, CT | $40.6 million | $29.6 million |
| April 12, 1991 | Security Savings and Loan Association | Waterbury, CT | $143 million | $50.0 million |
| March 28, 1991 | The Landmark Bank | Hartford, CT | $228 million | $53.3 million |
| February 1, 1991 | The Merchants Bank and Trust Company | Norwalk, CT | $270 million | $87.5 million |
| January 11, 1991 | Connecticut Savings and Loan Association | Hartford, CT | $17.4 million | $3.4 million |
| January 11, 1991 | Community National Bank | Glastonbury, CT | $85.4 million | $26.6 million |
| January 6, 1991 | The Connecticut Bank and Trust Company, National Association | Hartford, CT | $7.2 billion | $151 million |
| October 19, 1990 | The Brooklyn Savings Bank | Danielson, CT | $131 million | $30.8 million |
| August 17, 1990 | Financial Federal Savings Bank | Hartford, CT | $21.9 million | $3.2 million |
| June 29, 1990 | Charter Federal Savings and Loan Association | Stamford, CT | $103 million | $55.7 million |
| December 7, 1989 | Community Federal Savings and Loan Association | Bridgeport, CT | $58.3 million | $4.8 million |
| November 9, 1989 | National Industrial Bank of Connecticut | Meriden, CT | $46.5 million | $5.3 million |
| February 17, 1989 | Columbia Federal Savings Bank | Westport, CT | $146 million | $19.0 million |
| March 28, 1977 | The Monroe Bank and Trust Company | Monroe, CT | $4.3 million | not estimated |
| June 24, 1939 | The Plantsville National Bank | Plantsville, CT | $380 thousand | not estimated |
| July 16, 1936 | The East Hampton Bank & Trust Co. | East Hampton, CT | $1.2 million | not estimated |