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Data / Bank failures / 1971 / Unity Bank & Trust Company

Unity Bank & Trust Company, Boston (roxbury), MA: received FDIC assistance July 27, 1971

Unity Bank & Trust Company in Boston (roxbury), Massachusetts, received open bank assistance from the FDIC on July 27, 1971. It held $9.3 million in deposits.

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The FDIC's record

Closed
July 27, 1971
Type
Open bank assistance
How it was resolved
Open bank assistance: the FDIC assisted the bank without closing it
Total deposits
$9,300,000
Charter
State nonmember bank (FDIC)
Insurance fund
FDIC

The FDIC record

Other bank failures in Massachusetts, 1969 to 1973

BankCityClosedAssetsDepositsEstimated costAcquirer
Surety Bank and Trust CompanyWakefieldMay 27, 1972$22.1 million$20.4 million

All bank failures in 1971 · 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.