The Graveyard › Banks › 1977

Banco Economias

San German · assisted September 2, 1977 · FDIC certificate 16878

Banco Economias of San German was given assistance by the FDIC on September 2, 1977. The FDIC's list records an assistance transaction, not a closing. It opened in 1881, 96 years before. At its last report before that it held $190.3 million in assets and $170.0 million in deposits. The FDIC's list gives no estimate of the loss: the FDIC says its figures are not complete for its own cases before 1986 or for FSLIC cases from 1934 to 1988.

Assets at the end$190.3 millionlast report before September 2, 1977

Deposits at the end$170.0 million

Estimated loss to the fundnot givenFDIC

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Also ended in 1977

First Augusta Bank & Trust Company · Augusta, GA · $24.2 million in assets
Republic National Bank of Louisiana · New Orleans, LA · $6.3 million in assets
Donahue Savings Bank · Donahue, IA · $5.5 million in assets
The Monroe Bank and Trust Company · Monroe, CT · $4.3 million in assets
First State Bank · Foss, OK · $2.0 million in assets

History, not advice.

Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.