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The Parnassus National Bank

New Kensington · failed August 25, 1951

The Parnassus National Bank of New Kensington failed on August 25, 1951. At its last report before that it held $2.9 million in assets and $3.3 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$2.9 millionlast report before August 25, 1951
Deposits at the end$3.3 million
Estimated loss to the fundnot givenFDIC
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Also ended in 1951

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.