Data / Bank failures / 1977 / The Monroe Bank and Trust Company
The Monroe Bank and Trust Company, Monroe, CT: failed March 28, 1977
The Monroe Bank and Trust Company in Monroe, Connecticut, failed on March 28, 1977. It held $4.3 million in assets and $2.8 million in deposits at its last report. By assets it was the 5th largest of 6 banks closed or assisted in 1977.
SpecStream is the live web data engine for teams and agents. It reads the FDIC failed bank data every morning, and this page is that reading. Ask for the banks you follow and each new closure arrives in your sheet, CRM, Slack or agent as the FDIC announces it.
The FDIC's record
- Closed
- March 28, 1977
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Total assets
- $4,315,000
- Total deposits
- $2,791,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
- FDIC certificate
- 21218
All bank failures in 1977 · 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.