FDIC failed bank list
Bank failures in 1975
13 insured banks failed in 1975, with combined assets of $419.9M. Wisconsin had the most (2).
| Bank | City | Closed | Assets | Acquirer | Est. cost to FDIC |
|---|---|---|---|---|---|
| The First State Bank of Jennings | Jennings, KS | Dec 27, 1975 | $2.9M | 0 | — |
| The Peoples Bank | Wilcox, AZ | Dec 19, 1975 | $5.7M | 0 | — |
| The Peoples Bank of the Virgin Islands | Charlotte Amalie, VI | Oct 24, 1975 | $14.9M | 0 | — |
| American City Bank & Trust Company, N.A. | Milwaukee, WI | Oct 21, 1975 | $147.6M | 0 | — |
| Astro Bank | Houston, TX | Oct 16, 1975 | $5.5M | 0 | — |
| State Bank of Clearing | Chicago, IL | Jul 12, 1975 | $74.4M | 0 | — |
| Bank of Chidester | Chidester, AR | Jul 1, 1975 | $2.4M | 0 | — |
| Bank of Picayune | Picayune, MS | Jun 18, 1975 | $18.0M | 0 | — |
| Algoma Bank | Algoma, WI | May 30, 1975 | $5.2M | 0 | — |
| Chicopee Bank & Trust Company | Chicopee, MA | May 9, 1975 | $11.4M | 0 | — |
| Franklin Bank | Houston, TX | Mar 24, 1975 | $20.7M | 0 | — |
| Northern Ohio Bank | Cleveland, OH | Feb 19, 1975 | $103.8M | 0 | — |
| Swope Parkway National Bank | Kansas City, MO | Jan 3, 1975 | $7.6M | 0 | — |