Data / Bank failures / 1994 / The Bank of Hartford
The Bank of Hartford, Hartford, CT: failed June 10, 1994
The Bank of Hartford in Hartford, Connecticut, failed on June 10, 1994. Eagle Federal Savings Ba of Bristol, CT, took over its deposits. It held $321.5 million in assets and $276 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $13.8 million (4.3% of its assets). By assets it was the largest of 15 banks closed or assisted in 1994.
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The FDIC's record
- Closed
- June 10, 1994
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Eagle Federal Savings Ba, Bristol, CT
- Total assets
- $321,457,000
- Total deposits
- $276,016,000
- Estimated cost to the FDIC
- $13,815,258 (estimate as of July 31, 2026)
- Charter
- Savings institution
- Insurance fund
- BIF
- FDIC certificate
- 26909
Other bank failures in Connecticut, 1992 to 1996
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| 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 | ||
| 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 |
All bank failures in 1994 · All bank failures in Connecticut · The full failed bank list
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.