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Data / Bank failures / 1975 / Chicopee Bank & Trust Company

Chicopee Bank & Trust Company, Chicopee, MA: failed May 9, 1975

Chicopee Bank & Trust Company in Chicopee, Massachusetts, failed on May 9, 1975. It held $11.4 million in assets and $9.9 million in deposits at its last report. By assets it was the 7th largest of 13 banks closed or assisted in 1975.

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The FDIC's record

Closed
May 9, 1975
Type
Failure
How it was resolved
Purchase and assumption: another bank took over the deposits
Total assets
$11,406,000
Total deposits
$9,862,000
Charter
State nonmember bank (FDIC)
Insurance fund
FDIC
FDIC certificate
19596

The FDIC record

Other bank failures in Massachusetts, 1973 to 1977

BankCityClosedAssetsDepositsEstimated costAcquirer
The New Boston Bank and Trust CompanyBostonSeptember 14, 1976$6.7 million$5.3 million

All bank failures in 1975 · All bank failures in Massachusetts · The full failed bank list

Read from the FDIC's failures data (BankFind), last updated 2026-10-24. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.