The Graveyard › Banks › 1978
Watkins Banking Company
Faunsdale, AL · failed July 21, 1978 · FDIC certificate 856
Watkins Banking Company of Faunsdale, AL failed on July 21, 1978. It opened in 1891, 87 years before. At its last report before that it held $1.7 million in assets and $1.3 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$1.7 millionlast report before July 21, 1978
Deposits at the end$1.3 million
Estimated loss to the fundnot givenFDIC
Also ended in 1978
- Banco Credito Y de Ahorro Ponceno · Ponce, PR · $712.5 million in assets
- The Drovers' National Bank of Chicago · Chicago, IL · $226.8 million in assets
- North Point State Bank · Arlington, IL · $26.5 million in assets
- Wilcox County Bank · Camden, AL · $12.7 million in assets
- Banco de Ahorro de Puerto Rico · San Juan, PR · $9.4 million in assets
- First Bank of Macon County · Notasulga, AL · $4.5 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.