The Graveyard › Banks › 1953
First State Bank of Elmwood Park
Elmwood Park · failed May 26, 1953
First State Bank of Elmwood Park of Elmwood Park failed on May 26, 1953. At its last report before that it held $17.5 million in assets and $17.0 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$17.5 millionlast report before May 26, 1953
Deposits at the end$17.0 million
Estimated loss to the fundnot givenFDIC
Also ended in 1953
- Mayfield State Bank · Mayfield · $1.4 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.