Record · Bank
COLONIAL FSB
COLONIAL FSB held $60.6 million in total assets at failure as of May 10, 1991, according to the FDIC.
COLONIAL FSB, of CRANSTON, RI, was an FDIC-insured institution that closed on May 10, 1991, as the FDIC records it.
The failure
- May 10, 1991
- Closed
- $60.6 million
- Assets at failure
- $60,629,000
- $62.3 million
- Deposits at failure
- $62,304,000
- $28.6 million
- Estimated cost to the insurance fund
- $28,616,892
- The FDIC's estimate as of July 31, 2026; it revises the estimate as it sells the bank's assets.
- PAYOUT
- Acquired by
- NONE, NA
The FDIC’s entry
- FDIC certificate number
- 32537
- Resolution
- FAILURE
- Transaction type
- PO
- Charter class
- SL
- Insurance fund
- RTC
- Insured since
- August 9, 1989
- Established
- April 5, 1978
- Recorded in
- The FDIC’s failures data
Sources
- FDIC failures — every bank failure and assistance transaction since 1934 — Federal Deposit Insurance Corporation · Public domain — U.S. Government work · retrieved September 27, 2026
Compiled automatically from FDIC failures — every bank failure and assistance transaction since 1934 by a checked SQL query · Editor: Kian O'Connor · How this site is built
Data retrieved