FDIC failed bank list
Bank failures in 1949
4 insured banks failed in 1949, with combined assets of $4.9M. Indiana had the most (2).
| Bank | City | Closed | Assets | Acquirer | Est. cost to FDIC |
|---|---|---|---|---|---|
| Farmers & Merchants State Bank | Spencerville, IN | Oct 8, 1949 | $354K | 0 | — |
| The Citizens Banking Company | Weston, OH | Jun 11, 1949 | $740K | 0 | — |
| Stockmens Bank of Martinsdale | Martinsdale, MT | Apr 30, 1949 | $634K | 0 | — |
| The First National Bank of Dyer | Dyer, IN | Feb 19, 1949 | $3.2M | 0 | — |