FDIC failed bank list
Bank failures in 1970
7 insured banks failed in 1970, with combined assets of $62.1M. Kentucky had the most (2).
| Bank | City | Closed | Assets | Acquirer | Est. cost to FDIC |
|---|---|---|---|---|---|
| Berea Bank and Trust Company | Berea, KY | Oct 8, 1970 | $5.9M | 0 | — |
| City Bank of Philadelphia | Philadelphia, PA | Sep 3, 1970 | $10.8M | 0 | — |
| First State Bank of Bonne Terre | Bonne Terre, MO | Aug 24, 1970 | $8.0M | 0 | — |
| Eatontown National Bank | Eatontown, NJ | Aug 7, 1970 | $21.4M | 0 | — |
| Farmers Bank of Petersburg | Petersburg, KY | Jun 25, 1970 | $1.1M | 0 | — |
| The Peoples State Savings Bank | Auburn, MI | Apr 18, 1970 | $10.9M | 0 | — |
| State Bank of Prairie City | Prairie City, IA | Feb 22, 1970 | $4.1M | 0 | — |