The Graveyard › Banks › 1950
The Westphalia State Bank
Westphalia · failed April 3, 1950
The Westphalia State Bank of Westphalia failed on April 3, 1950. At its last report before that it held $744,000 in assets and $1.1 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$744,000last report before April 3, 1950
Deposits at the end$1.1 million
Estimated loss to the fundnot givenFDIC
Also ended in 1950
- The Farmers First National Bank of Minooka · Minooka · $1.3 million in assets
- The Bank of Aurora · Aurora · $1.3 million in assets
- First National Bank in Cecil · Cecil · $638,000 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.