Friday, September 13, 2013
To Whom It May Concern:
The Connecticut Department of Banking closed The Community’s Bank, Bridgeport, CT, on September 13, 2013. Subsequently, the Federal Deposit Insurance Corporation (FDIC) was appointed Receiver. According to regulatory policy, there is no advance notice given to the public.
Because there was not an acquiring financial institution to purchase the
deposits, any outstanding checks will be returned “Bank Closed”. This
situation was the result of the bank failure and is not a reflection on the
depositors of the bank.
Since depositors of The Community’s Bank were not aware of the potential receivership, they believed their checks would clear in the normal course of business. Therefore, we ask that you consider waiving any returned check charges and penalties due to these special circumstances.
Your cooperation and understanding are greatly appreciated. Should you
have any questions or concerns regarding this matter, please contact the FDIC Call Center for The Community’s Bank at 1-800-430-6165 for further assistance.
Federal Deposit Insurance Corporation
Division of Resolutions and Receiverships