The Graveyard › Banks › 1970
The Peoples State Savings Bank
Auburn, MI · failed April 18, 1970 · FDIC certificate 14987
The Peoples State Savings Bank of Auburn, MI failed on April 18, 1970. It opened on July 15, 1909, 60 years before. At its last report before that it held $10.9 million in assets and $9.9 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$10.9 millionlast report before April 18, 1970
Deposits at the end$9.9 million
Estimated loss to the fundnot givenFDIC
Also ended in 1970
- Eatontown National Bank · Eatontown, NJ · $21.4 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
- State Bank of Prairie City · Prairie City, IA · $4.1 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.