Data / Bank failures / 1994 / The Meriden Trust and Safe Deposit
The Meriden Trust and Safe Deposit, Meriden, CT: failed July 7, 1994
The Meriden Trust and Safe Deposit in Meriden, Connecticut, failed on July 7, 1994. People's Savings Bank & Tru of New Britain, CT, took over its deposits. It held $3.2 million in assets at its last report. By assets it was the 15th largest of 15 banks closed or assisted in 1994.
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The FDIC's record
- Closed
- July 7, 1994
- Type
- Failure
- How it was resolved
- Insured deposit transfer: the insured deposits moved to another bank
- Acquirer
- People's Savings Bank & Tru, New Britain, CT
- Total assets
- $3,203,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- BIF
- FDIC certificate
- 20442
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 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 |
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.