First Constitution Bank

Status:Inactive as of 10/02/1992
 Absorption - Assisted
Successor Bank:First Federal Bank, a federal savings bank
Headquarters:First Constitution Bank
80 Elm Street
New Haven, CT 06510
Established:01/01/1934
FDIC Insurance:01/22/1988
FDIC Cert:#27160
Charter Class:
Total Assets:$1,571,240,000
Total Deposits:$1,350,530,000

History

1934-01-01Institution established: Original name:First Federal Bank of Connecticut (29329)
1984-02-29Acquired Constitution Federal Savings and Loan Association (28455) in STAMFORD, CT
1986-10-31Changed organization type to STOCK SAVINGS BANK
1988-01-21Changed name to First Federal Bank of Connecticut FSB (29329)
1988-01-22Changed name to First Constitution Bank
1988-01-22Changed from the Savings Association Insurance Fund to the Bank Insurance Fund.
1988-01-22FDIC certificate number changed from (29329) to
1991-04-12Acquired Whitney Bank and Trust (27315) in HAMDEN, CT
1992-10-02Failed. Acquired with government financial assistance and subsequently operated as part of First Federal Bank, a federal savings bank (29574)
1994-12-17Acquired Shoreline Bank and Trust Company (26671) in MADISON, CT
1995-11-01Merged into and subsequently operated as part of Webster Bank (18221) in WATERBURY, CT
1995-11-01Acquired Shelton Savings Bank (27162) in SHELTON, CT
1995-11-01Changed name to Webster Bank (18221)
1997-01-31Acquired The Derby Savings Bank (18192) in DERBY, CT
1997-01-31Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
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
2004-04-21Acquired Webster Trust Company, National Association (33932) in WATERBURY, CT
2004-04-21Changed name to Webster Bank, National Association (18221)
2004-04-21Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY
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