The Graveyard › Banks › 1970
Farmers Bank of Petersburg
Petersburg, KY · failed June 25, 1970 · FDIC certificate 13164
Farmers Bank of Petersburg of Petersburg, KY failed on June 25, 1970. It opened in 1903, 67 years before. At its last report before that it held $1.1 million in assets and $1.3 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$1.1 millionlast report before June 25, 1970
Deposits at the end$1.3 million
Estimated loss to the fundnot givenFDIC
Also ended in 1970
- Eatontown National Bank · Eatontown, NJ · $21.4 million in assets
- The Peoples State Savings Bank · Auburn, MI · $10.9 million in assets
- City Bank of Philadelphia · Philadelphia, PA · $10.8 million in assets
- First State Bank of Bonne Terre · Bonne Terre, MO · $8.0 million in assets
- Berea Bank and Trust Company · Berea, KY · $5.9 million in assets
- State Bank of Prairie City · Prairie City, IA · $4.1 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.
