The Graveyard › Banks › 1972
Surety Bank and Trust Company
Wakefield, MA · failed May 27, 1972 · FDIC certificate 18365
Surety Bank and Trust Company of Wakefield, MA failed on May 27, 1972. It opened on December 7, 1960, 11 years before. At its last report before that it held $22.1 million in assets and $20.4 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$22.1 millionlast report before May 27, 1972
Deposits at the end$20.4 million
Estimated loss to the fundnot givenFDIC
Also ended in 1972
- Bank of the Commonwealth · Detroit · $1.3 billion in assets · assisted
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.