Colonial Federal Savings Bank

Status:Inactive as of 03/13/1992
 RTC Supervised Payoffs, Liquidations, and Closings
Conservatorship Institution Resolved
Headquarters:Colonial Federal Savings Bank
1210 Pontiac Avenue
Cranston, RI 02920
Established:05/10/1991
FDIC Insurance:05/10/1991
FDIC Cert:#33407
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$45,674,000
Total Deposits:$41,275,000

History

1991-05-10Institution established: Original name:Colonial Federal Savings Bank
1991-05-10Acquired Colonial Bank (32537) in CRANSTON, RI
1992-03-13Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits.
1992-03-13Government conservatorship or bridge bank resolved.