The Graveyard › Banks › 1970
State Bank of Prairie City
Prairie City, IA · failed February 22, 1970 · FDIC certificate 14571
State Bank of Prairie City of Prairie City, IA failed on February 22, 1970. It opened in 1890, 80 years before. At its last report before that it held $4.1 million in assets and $3.9 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$4.1 millionlast report before February 22, 1970
Deposits at the end$3.9 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
- Farmers Bank of Petersburg · Petersburg, KY · $1.1 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.