Bank Branches › Closed and merged banks › Connecticut › The Monroe Bank and Trust Company
What happened to The Monroe Bank and Trust Company?
The Monroe Bank and Trust Company in Monroe, CT failed, and The North American Bank and Trust Company of Wolcott, CT took it over on Mar 28, 1977. After 3 more changes of hands, what was The Monroe Bank and Trust Company is today part of Santander Bank, N.A. (Wilmington, DE).
The chain, step by step
From the day it opened to the bank at the end of the chain today. Each step is one entry in the FDIC's record.
- 1973The Monroe Bank and Trust Company opens in Monroe, CT
- Mar 28, 1977FAILEDThe Monroe Bank and Trust Company failed, and The North American Bank and Trust Company of Wolcott, CT took it over.FDIC certificate 21218 ends; its business continues under certificate 21223.
- Jan 3, 1978MERGEDThe North American Bank and Trust Company of Wolcott, CT merged into The North American Bank & Trust Company of Waterbury, CT.FDIC certificate 21223 ends; its business continues under certificate 22586.
- Nov 7, 2003MERGEDThe North American Bank & Trust Company of Waterbury, CT merged into Webster Bank of Stamford, CT.FDIC certificate 22586 ends; its business continues under certificate 18221.
- Aug 20, 2026MERGEDWebster Bank (by then renamed Webster Bank, National Association) of Stamford, CT merged into Santander Bank, N.A. of Wilmington, DE.FDIC certificate 18221 ends; its business continues under certificate 29950.
- TodayOPEN
Santander Bank, N.A.Main office Wilmington, DE · FDIC certificate 29950 · 368 offices in 9 states on June 30, 2026Every Santander Bank, N.A. office → Website on file with the FDIC: www.santander.com
If you still have something from The Monroe Bank and Trust Company
A lien that was never released
The Monroe Bank and Trust Company failed on Mar 28, 1977. For a failed bank placed in FDIC receivership, the FDIC may be able to issue the lien release, if the loan was paid off to the bank before it failed or to the FDIC afterward. The FDIC says that where a failed bank had an acquirer, its records in most cases went to that acquirer. Here the chain from the acquirer leads to Santander Bank, N.A., which is worth asking too.
Requests go through the FDIC Information and Support Center with the recorded mortgage or title, and proof of payoff. The FDIC says to allow 30 business days once it has every document, and does not take requests by phone or email. Questions: FDIC Resolution Inquiries, 888-206-4662, 8am–4pm Central on weekdays.
An old account, passbook or CD
When a healthy bank assumes a failed bank's deposits, insured depositors become its customers right away (here, The North American Bank and Trust Company). Start with Santander Bank, N.A., and ask them to search under the name The Monroe Bank and Trust Company.
This failure is older than the current federal rule on unclaimed deposits (mid-1993), so different rules apply. Search FDIC unclaimed funds search, search the unclaimed-property program of the state of the owner's last known address on the bank's records, and ask FDIC Resolution Inquiries at 888-206-4662 what applies to this institution.
A safe deposit box
The FDIC says that when a healthy bank assumes a failed bank's deposits, the branches usually reopen the next business day with box access. Today, ask Santander Bank, N.A.. A box abandoned for years may have been turned over to the state's unclaimed-property program.
Box contents are not covered by FDIC insurance.
Not sure this is your bank?
Many banks shared a name. Match the city and the years above against your paperwork, or search again with the town.
Credit unions were never FDIC-insured and are not in this record; the NCUA credit union lookup covers those. Banks that closed before about 1970 are not in the FDIC's list either.
One caution: banks also sell single branches. If the office you used was sold to a different bank along the way, the account went with the branch, not with this chain.
This page is drawn from FDIC records and federal guidance. It is not legal advice, and BankBranches is not a bank or a government office. More detail: lien releases · old passbooks and CDs · safe deposit boxes · unclaimed money.
Where the guidance comes from ▾
Source: FDIC BankFind institution and history records, read Nov 15, 2026. The FDIC's list covers banks that ended in about 1970 or later. Look up certificate 21218 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.