Data / Bank failures / Connecticut
Bank failures in Connecticut: 47 banks since 1936
47 banks in Connecticut failed between 1936 and 2013, holding $19.27 billion in assets and $17.61 billion in deposits. The FDIC estimates the cost to its insurance fund at $2.63 billion. The FDIC also assisted 1 open bank without closing it. The largest: The Connecticut Bank & Trust Co ($7.21 billion), Citytrust ($1.92 billion), First Constitution Bank ($1.57 billion). By decade: 1930s 2, 1970s 1, 1980s 4, 1990s 39, 2000s 1, 2010s 1.
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| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| The Community's Bank | Bridgeport | September 13, 2013 | $26.4 million | $25.7 million | $9.2 million | |
| Connecticut Bank of Commerce | Stamford | June 26, 2002 | $384.2 million | $344.4 million | $53.8 million | Hudson United Bank |
| Fairfield First Bank & Trust Co | Southport | July 12, 1996 | $57.3 million | $57.3 million | $5.7 million | Norwalk Savings Society |
| Founders Bank | New Haven | July 28, 1995 | $77.4 million | $77.4 million | $10.4 million | Centerbank |
| The Meriden Trust and Safe Deposit | Meriden | July 7, 1994 | $3.2 million | People's Savings Bank & Tru | ||
| The Bank of Hartford | Hartford | June 10, 1994 | $321.5 million | $276 million | $13.8 million | Eagle Federal Savings Ba |
| New England Savings Bank | New London | May 21, 1993 | $914.9 million | $720.5 million | $117 million | Citizens Savings Bank |
| Burritt Interfinancial Bancorporation | New Britain | December 4, 1992 | $523.9 million | $506 million | $79 million | Derby Savings Bank |
| Greenwood Bank of Bethel, Inc. | Bethel | November 6, 1992 | $33.3 million | $33.2 million | $9.8 million | Union SB of Danbury |
| First Constitution Bank | New Haven | October 2, 1992 | $1.57 billion | $1.35 billion | $125.6 million | First Federal Bank A FSB |
| Vernon Bank | Vernon | June 26, 1992 | $34.3 million | $34.5 million | $3.1 million | Bank of South Windsor |
| Coastal FSB | New London | June 19, 1992 | $238.2 million | $224.5 million | $5.9 million | |
| Brookfield Bank | Brookfield | May 8, 1992 | $60.7 million | $68.7 million | $41.7 million | Bristol Federal Savings |
| The Norwalk Bank | Norwalk | April 24, 1992 | $80.6 million | $77.2 million | $17.4 million | Bank of Darien |
| Fairfield County Trust Company | Stamford | April 9, 1992 | $132.4 million | $132 million | $19.2 million | Chase Manhattan BK of CT |
| Summit National Bank | Torrington | April 3, 1992 | $91.4 million | $89.8 million | $22.8 million | American Bank of Connect |
| Colony Savings Bank | Wallingford | February 28, 1992 | $35.7 million | $32.8 million | $5.7 million | New Haven Savings Bank |
| Sentinel Bank | Hartford | January 31, 1992 | $74.8 million | $73.5 million | $27.5 million | Society for Savings |
| Bank of East Hartford | East Hartford | December 13, 1991 | $36.6 million | $38.4 million | $12.9 million | Bank of South Windsor |
| The Bank Mart | Bridgeport | December 13, 1991 | $578.2 million | $486.8 million | $93.9 million | Gateway Bank |
| Saybrook Bank and Trust Company | Old Saybrook | December 6, 1991 | $77.3 million | $78.4 million | $18.7 million | The New Haven Savings Bank |
| Connecticut Savings Bank | New Haven | November 14, 1991 | $1.04 billion | $897.7 million | $203.5 million | Centerbank |
| Connecticut Valley Bank | Cromwell | October 18, 1991 | $28.4 million | $27.9 million | $8.6 million | Midconn Bank |
| Central Bank | Meriden | October 18, 1991 | $654.7 million | $627.9 million | $242.1 million | Centerbank |
| Harbor National Bank of Connecticut | Branford | October 3, 1991 | $22.9 million | $22.8 million | $1.7 million | The New Haven Savings Bank |
| Suffield Bank | Suffield | September 6, 1991 | $294.8 million | $257 million | $83.6 million | First Federal Bank, FSB |
| Enfield National Bank | Enfield | August 16, 1991 | $19 million | $19.8 million | $4.5 million | Savings Institute |
| Mechanics and Farmers Savings Bank | Bridgeport | August 9, 1991 | $1.08 billion | $903.7 million | $324.6 million | Chase Manhattan Bank of Con |
| Citytrust | Bridgeport | August 9, 1991 | $1.92 billion | $1.81 billion | $511.1 million | Chase Manhattan Bank of Con |
| The Housatonic Bank & Trust Co | Ansonia | July 26, 1991 | $69.1 million | $64.1 million | $13.4 million | Shelton Savings Bank |
| Danburry Savings & Loan | Danbury | July 12, 1991 | $270.2 million | $184.1 million | $24.7 million | Bristol FSB |
| Security Savings & Loan | Waterbury | April 12, 1991 | $143.2 million | $129.4 million | $50 million | American Bank of CT |
| Whitney Bank and Trust | Hamden | April 12, 1991 | $40.6 million | $49.2 million | $29.6 million | First Constitution Bank |
| The Landmark Bank | Hartford | March 28, 1991 | $227.9 million | $219.9 million | $53.3 million | People's Bank |
| The Merchants Bank and Trust Co | Norwalk | February 1, 1991 | $269.9 million | $269 million | $87.5 million | Union Trust Company |
| Connecticut Savings and Loan | Hartford | January 11, 1991 | $17.4 million | $13.7 million | $3.4 million | Bank of Boston Ct/bboc |
| Community National Bank | Glastonbury | January 11, 1991 | $85.4 million | $86.9 million | $26.6 million | Fleet Bank of Connecticut |
| The Connecticut Bank & Trust Co | Hartford | January 6, 1991 | $7.21 billion | $6.86 billion | $151.1 million | New Connecticut Bank & Trus |
| The Brooklyn Savings Bank | Danielson | October 19, 1990 | $130.9 million | $93.8 million | $30.8 million | Willimantic Savings Institu |
| Financial Savings of Hartford FSB | Hartford | August 17, 1990 | $21.9 million | $17.6 million | $3.2 million | Northeast Savings, FA |
| Charter Savings & Loan | Stamford | June 29, 1990 | $103 million | $83.3 million | $55.7 million | Greenwich FS&LA |
| Community Federal Savings Assoc. | Bridgeport | December 7, 1989 | $58.3 million | $50.3 million | $4.8 million | Union Trust Co. |
| National Industrial Bank of Connecticut | Meriden | November 9, 1989 | $46.5 million | $48.3 million | $5.3 million | Central Bank |
| Columbia Fed. Savings Bank | Westport | February 17, 1989 | $145.6 million | $143.9 million | $19 million | Gateway Bank |
| Hartford FS&LA (assistance) | Hartford | March 15, 1982 | $377.7 million | $352.7 million | Northeast Savings, A FS&LA | |
| The Monroe Bank and Trust Company | Monroe | March 28, 1977 | $4.3 million | $2.8 million | ||
| The Plantsville National Bank | Plantsville | June 24, 1939 | $380,000 | $464,000 | ||
| The East Hampton Bank & Trust Co. | East Hampton | July 16, 1936 | $1.2 million | $1.1 million |
Other states
- Alabama 39
- Alaska 13
- Arizona 44
- Arkansas 45
- California 265
- Colorado 103
- Delaware 4
- District of Columbia 8
- Florida 199
- Georgia 135
- Guam 1
- Hawaii 6
- Idaho 8
- Illinois 229
- Indiana 52
- Iowa 83
- Kansas 124
- Kentucky 47
- Louisiana 167
- Maine 6
- Maryland 36
- Massachusetts 59
- Michigan 46
- Minnesota 81
- Mississippi 38
- Missouri 136
- Montana 19
- Nebraska 54
- Nevada 17
- New Hampshire 20
- New Jersey 112
- New Mexico 32
- New York 104
- North Carolina 30
- North Dakota 43
- Ohio 61
- Oklahoma 183
- Oregon 38
- Pennsylvania 73
- Puerto Rico 17
- Rhode Island 7
- South Carolina 23
- South Dakota 44
- Tennessee 80
- Texas 911
- U.S. Virgin Islands 1
- Utah 30
- Vermont 5
- Virginia 54
- Washington 38
- West Virginia 19
- Wisconsin 51
- Wyoming 29
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. 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.