The Meriden Trust and Safe Deposit Company
Meriden, CT · Owner: Cenvest Inc
$3.2M
total assets, June 30, 1994
$3.2M
total assets, June 30, 1994
The Meriden Trust and Safe Deposit Company was a state nonmember bank in Meriden, CT, owned by Cenvest Inc. It failed on Jul 7, 1994, and People's Savings Bank & Tru took over its deposits. At its last report it held $3.20 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1994
This bank failed
- Failed on
- Jul 7, 1994
- Assets
- $3.2M
- Deposits
- $0
- Estimated cost
- $0
- Deposits went to
- People's Savings Bank & Tru, New Britain, CT
Total assets
$3.2M
-2.5% in a year · +0.8% in a quarter
Deposits
$0
vs a year before: -
Loans
$0
vs a year before: -
Profit so far
-$2.9M
Jan 1 to Jun 30, 1994 · -3107.2% in a year
Capital ratio
0.00%
-89.07 pts in a year
Return on assets
-179.95%
-186.01 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 1295 East Main Street, Meriden, CT, 06450
- County
- New Haven
- Holding company
- Cenvest Inc
- Established
- Apr 3, 1889
- Failed
- Jul 7, 1994
- Employees
- 12
- Branches
- 1
- Id
- b20442
Quarter by quarter
March 31, 1984 to June 30, 1994
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is The Meriden Trust and Safe Deposit Company?
$3.20 million in total assets and $0 in deposits as of June 30, 1994, with assets down 2.5% from a year before. Its loans were $0.
How many branches does The Meriden Trust and Safe Deposit Company have?
1 branch in Connecticut as of June 30, 2026.
Is The Meriden Trust and Safe Deposit Company profitable?
No: it lost $2.92 million from January 1 to June 30, 1994. Its return on assets was -179.95% a year; about 1% is typical.
Who owns The Meriden Trust and Safe Deposit Company?
The Meriden Trust and Safe Deposit Company is owned by Cenvest Inc, its holding company.
When did The Meriden Trust and Safe Deposit Company fail?
Jul 7, 1994. People's Savings Bank & Tru of New Britain, CT took over its deposits.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.