The Graveyard › Banks › 1940
Bankers Trust Company
Atlantic City · failed February 1, 1940
Bankers Trust Company of Atlantic City failed on February 1, 1940. At its last report before that it held $2.1 million in assets and $986,000 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$2.1 millionlast report before February 1, 1940
Deposits at the end$986,000
Estimated loss to the fundnot givenFDIC
Also ended in 1940
- Blairsville Savings and Trust Company · Blairsville · $1.8 million in assets
- Kane Trust and Savings Bank · Kane · $915,000 in assets
- Bank of Eagle · Eagle · $457,000 in assets
- Farmers Bank · Dry Ridge · $363,000 in assets
- The First National Bank of Burlingame · Burlingame · $301,000 in assets
- Ashley State Bank · Ashley · $247,000 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.