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Uninsured Depositors Face Losses on The Failure of The Community’s Bank, Bridgeport, CT

September 13, 2013 By Problem Bank List Staff Leave a Comment

For the first time in over a decade a Connecticut bank failed as regulators swooped in to close The Community’s Bank, with headquarters in Bridgeport, CT. The Community’s Bank was a very small bank with only $26.3 million in assets that was floundering under an avalanche of nonperforming loans.  Established in 2001 the Bank was […]

Filed Under: Bank Failure, Banking News, Failed Banks, FDIC, FDIC insurance, featured Tagged With: bank failure, banking failure, banking industry, Banking News, failed bank, FDIC, The Community's Bank

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