The Graveyard › Banks › 1942
Merchants Banking Trust Company
Mahanoy · failed September 12, 1942
Merchants Banking Trust Company of Mahanoy failed on September 12, 1942. 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.
Deposits at the end$859,000
Estimated loss to the fundnot givenFDIC
Also ended in 1942
- Farmers Bank · Lone Rock · $580,000 in assets
- Farmer'S and Merchant'S Bank · Cochrane · $395,000 in assets
- The Citizens Bank of Liberty · Liberty · $258,000 in assets
- Bank of Malone · Malone · $149,000 in assets
- Bank of Draper · Draper · $129,000 in assets
- Palisade State Bank · Palisade · $91,000 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.