Colonial Bank
| Status: | Inactive as of 05/10/1991 |
| Absorption - Assisted Institution Enters Conservatorship | |
| Successor Bank: | Colonial Federal Savings Bank |
| Headquarters: | Colonial Bank 1210 Pontiac Avenue Cranston, RI 02920 |
| Established: | 04/05/1978 |
| FDIC Insurance: | 08/09/1989 |
| FDIC Cert: | #32537 |
| Charter Class: | |
| Total Assets: | $60,629,000 |
| Total Deposits: | $62,304,000 |
History
| 1978-04-05 | Institution established: Original name:Colonial Savings and Loan Association | |
| 1989-03-31 | Changed name to Colonial Bank | |
| 1991-05-10 | Institution established: Original name:Colonial Federal Savings Bank (33407) | |
| 1991-05-10 | Failed, went into receivership, and then became part of Colonial Federal Savings Bank (33407) | |
| 1991-05-10 | Placed into government conservatorship. | |
| 1992-03-13 | Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits. | |
| 1992-03-13 | Government conservatorship or bridge bank resolved. |