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FEDERAL RESERVE BANK OF NEW YORK [ Circular No. 10531 April 16, 1992 "1 Closing of Fairfield County Trust Company and Metrobank Federal Savings and Loan Association To All Depository Institutions, and Others Concerned, in the Second Federal Reserve District: We have been advised of the following recent closings of depository institutions: Fairfield County Trust Company On April 9, 1992, the Banking Com m issioner of the State of Connecticut issued an order providing for the closing of Fairfield County Trust Company, Stamford, Connecticut (“Fairfield”) (routing num ber 0211-1060-7). The Federal Deposit Insurance Corporation (“FDIC”) was appointed receiver and, effective the close of business April 9, 1992, transferred certain assets and liabilities o f Fairfield to The Chase M anhattan Bank of Connecticut, N .A ., B ridgeport, Connecticut (“C hase” ). Chase has agreed to continue receiving certain payments transactions of Fairfield, including checks and automated clearinghouse transactions bearing the routing num ber o f Fairfield. Metrobank Federal Savings and Loan Association On April 10, 1992, the D irector of the Office of T hrift Supervision, D epartm ent of the Treasury (“O TS”), declared M etrobank Federal Savings and Loan Association, Palisades Park, New Jersey (“M etrobank”) (routing num ber 2212-7111-3) insolvent and ordered it closed. The Resolution Trust Corporation (“ RTC” ) was appointed receiver and, effective the close of business A pril 10, 1992, transferred certain assets and liabilities of M etrobank to First Federal Savings Bank (of Delaware), W ilm ington, Delaware (“First Federal”). First Federal has agreed to continue receiving certain payments transactions of M etrobank, including checks and autom ated clearinghouse transactions bearing the routing num ber of M etrobank. E. G e r a l d C o r r i g a n , President.
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