The Graveyard › Banks › 1981
Peoples Banking Company
Boston, GA · failed March 17, 1981 · FDIC certificate 16556
Peoples Banking Company of Boston, GA failed on March 17, 1981. It opened in 1934, 47 years before. At its last report before that it held $8.4 million in assets and $8.1 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $435,019 on it.
Assets at the end$8.4 millionlast report before March 17, 1981
Deposits at the end$8.1 million
Estimated loss to the fund$435,019FDIC
Also ended in 1981
- First Fs&La of Broward County · Ft. Lauderdale · $2.6 billion in assets · assisted
- West Side Fs&La · New York · $2.5 billion in assets · assisted
- The Greenwich Savings Bank · New York · $2.5 billion in assets · assisted
- Union Dime Savings Bank · New York · $1.5 billion in assets · assisted
- Washington Fs&La · Miami Beach · $1.2 billion in assets · assisted
- First Fs&La of Rochester · Rochester · $1.2 billion 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.