Burritt InterFinancial Bancorporation

Status:Inactive as of 12/04/1992
 Absorption - Assisted
Successor Bank:The Derby Savings Bank
Headquarters:Burritt InterFinancial Bancorporation
267 Main Street
New Britain, CT 06050
Established:10/01/1889
FDIC Insurance:08/09/1989
FDIC Cert:#18245
Charter Class:
Total Assets:$523,850,000
Total Deposits:$506,022,000

History

1889-10-01Institution established: Original name:Burritt Mutual Savings Bank of New Britain
1983-12-21Changed organization type to STOCK SAVINGS BANK
1983-12-21Changed name to Burritt InterFinancial Bancorporation
1984-04-30Changed organization type to MUTUAL SAVINGS BANK
1989-08-31Changed organization type to STOCK SAVINGS BANK
1992-12-04Failed. Acquired with government financial assistance and subsequently operated as part of The Derby Savings Bank (18192)
1997-01-31Merged into and subsequently operated as part of Webster Bank (18221) in WATERBURY, CT
1997-07-31Acquired Peoples Savings Bank & Trust (18211) in NEW BRITAIN, CT
1998-04-15Acquired Eagle Bank (28052) in BRISTOL, CT
1999-04-21Acquired Maritime Bank & Trust Company (33402) in ESSEX, CT
1999-05-19Acquired The Village Bank & Trust Company (21819) in RIDGEFIELD, CT
1999-12-01Acquired Olde Port Bank and Trust (26817) in PORTSMOUTH, NH
1999-12-01Acquired The Equity Bank (27036) in WETHERSFIELD, CT
1999-12-01Acquired New England Bank and Trust Company (20536) in WINDSOR, CT
1999-12-01Acquired Community Bank (26193) in BRISTOL, CT
2000-06-23Acquired Mechanics Savings Bank (17941) in HARTFORD, CT
2003-11-07Acquired The North American Bank & Trust Company (22586) in WATERBURY, CT
2004-04-21Changed organization type to COMMERCIAL BANK
2004-04-21Changed institution class to INSURED COMMERCIAL BANK, NATIONAL, MEMBER FRS
2004-04-21Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to COMPTROLLER OF THE CURRENCY
2004-04-21Acquired Webster Trust Company, National Association (33932) in WATERBURY, CT
2004-04-21Changed name to Webster Bank, National Association (18221)
2004-05-14Acquired First Federal Savings Bank of America (30294) in FALL RIVER, MA
2004-12-03Acquired First City Bank (32721) in NEW BRITAIN, CT
2005-02-28Acquired State Bank of Howards Grove (12356) in HOWARDS GROVE, WI
2006-10-06Acquired NewMil Bank (18259) in NEW MILFORD, CT