The Graveyard › Banks › 1975

The Peoples Bank of the Virgin Islands

Charlotte Amalie, VI · failed October 24, 1975 · FDIC certificate 20465

The Peoples Bank of the Virgin Islands of Charlotte Amalie, VI failed on October 24, 1975. It opened on August 16, 1971, 4 years before. At its last report before that it held $14.9 million in assets and $14.3 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$14.9 millionlast report before October 24, 1975

Deposits at the end$14.3 million

Estimated loss to the fundnot givenFDIC

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Also ended in 1975

American City Bank & Trust Company, N.A. · Milwaukee, WI · $147.6 million in assets
Northern Ohio Bank · Cleveland · $103.8 million in assets
State Bank of Clearing · Chicago, IL · $74.4 million in assets
Franklin Bank · Houston, TX · $20.7 million in assets
Bank of Picayune · Picayune, MS · $18.0 million in assets
Chicopee Bank & Trust Company · Chicopee, MA · $11.4 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.