The Graveyard › Banks › 1950
First National Bank in Cecil
Cecil · failed October 9, 1950
First National Bank in Cecil of Cecil failed on October 9, 1950. At its last report before that it held $638,000 in assets and $2.2 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$638,000last report before October 9, 1950
Deposits at the end$2.2 million
Estimated loss to the fundnot givenFDIC
Also ended in 1950
- The Farmers First National Bank of Minooka · Minooka · $1.3 million in assets
- The Bank of Aurora · Aurora · $1.3 million in assets
- The Westphalia State Bank · Westphalia · $744,000 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.
