Article: CHASE MANHATTAN OF CONNECTICUT EXPANDS; ACQUIRES DEPOSITS OF FAIRFIELD COUNTY TRUST COMPANY

 
  CHASE MANHATTAN OF CONNECTICUT EXPANDS; 
   ACQUIRES DEPOSITS OF FAIRFIELD COUNTY TRUST COMPANY 
NEW YORK, April 9 /PRNewswire/ -- Reaffirming its commitment to southern Connecticut, The Chase Manhattan Bank of Connecticut, N.A., announced that it today acquired from the Federal Deposit Insurance Corporation approximately $120 million in deposit accounts and the branches of The Fairfield County Trust Company, which was headquartered in Stamford.  Chase Connecticut also purchased a small portfolio of Fairfield County Trust's secured loans. 
Chase Connecticut will pay the FDIC a $500,000 premium for Fairfield County Trust's deposits. 
Fairfield County ...

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