Connecticut Valley Bank

Status:Inactive as of 10/18/1991
 Absorption - Assisted
Successor Bank:MidConn Bank
Headquarters:Connecticut Valley Bank
29 Berlin Road
Cromwell, CT 06416
Established:11/07/1988
FDIC Insurance:11/07/1988
FDIC Cert:#27373
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$28,359,000
Total Deposits:$27,862,000

History

1988-11-07Institution established: Original name:Connecticut Valley Bank
1991-10-18Failed. Acquired with government financial assistance and subsequently operated as part of MidConn Bank (18260)
1994-06-01Acquired The Federal Savings Bank (29522) in NEW BRITAIN, CT
1997-05-31Merged into and subsequently operated as part of Eagle Bank (28052) in BRISTOL, CT
1998-04-15Merged into and subsequently operated as part of Webster Bank (18221) in WATERBURY, 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 Community Bank (26193) in BRISTOL, CT
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 Olde Port Bank and Trust (26817) in PORTSMOUTH, NH
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 institution class to INSURED COMMERCIAL BANK, NATIONAL, MEMBER FRS
2004-04-21Changed organization type to COMMERCIAL BANK
2004-04-21Acquired Webster Trust Company, National Association (33932) in WATERBURY, CT
2004-04-21Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to COMPTROLLER OF THE CURRENCY
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