FDIC failed bank list
Bank failures in 1977
6 insured banks failed in 1977, with combined assets of $232.6M. Puerto Rico had the most (1).
| Bank | City | Closed | Assets | Acquirer | Est. cost to FDIC |
|---|---|---|---|---|---|
| Banco Economias | San German, PR | Sep 2, 1977 | $190.3M | 0 | — |
| Donahue Savings Bank | Donahue, IA | Aug 26, 1977 | $5.5M | 0 | — |
| Republic National Bank of Louisiana | New Orleans, LA | Jul 29, 1977 | $6.3M | 0 | — |
| First Augusta Bank & Trust Company | Augusta, GA | May 20, 1977 | $24.2M | 0 | — |
| The Monroe Bank and Trust Company | Monroe, CT | Mar 28, 1977 | $4.3M | 0 | — |
| First State Bank | Foss, OK | Mar 10, 1977 | $2.0M | 0 | — |