Bank Failure
Bank of Linden
BankRegReports is independent of Bank of Linden and never asks for online banking logins or passwords.
Closed November 27, 1935 · Linden, WI .
- Closing date
- November 27, 1935
- Headquarters
- Linden, WI
- Total assets at closing
- $224K
- Total deposits at closing
- $188K
- Estimated loss to the insurance fund
- Not published (the FDIC feed carries no estimate for this failure)
- Insurance fund
- FDIC insurance fund
- Resolution
- Failure (closed by regulators)
Context
On November 27, 1935, regulators closed Bank of Linden, headquartered in Linden, WI. At closing, the institution held approximately $224K in assets and $188K in deposits. The FDIC record does not name an acquiring institution.
By assets at closing this is the 3228th largest of the 3,526 bank failures in the FDIC record, and the 12th of 25 in 1935. It falls in the period the record labels Early FDIC Era (1934-1944), a period with 397 failures peaking at 75 in 1937.
FDIC's first decade after the 1933 Banking Act. Failures fell sharply once deposit insurance restored confidence.
Source: FDIC Failed Banks list. Asset and deposit values reflect the most recent regulatory filing prior to closing.
Common questions
When did Bank of Linden fail?
Bank of Linden was closed by regulators on November 27, 1935.
How big was Bank of Linden when it failed?
Bank of Linden had approximately $224K in total assets and $188K in deposits at the time of failure.
Other failures in 1935
| Date | Bank | Assets |
|---|---|---|
| Dec 16, 1935 | The Farmers Bank | $55K |
| Dec 14, 1935 | Livingston State Bank | $91K |
| Dec 7, 1935 | Friendship State Bank | $147K |
| Dec 5, 1935 | Farmers Bank of Charlton County | $287K |
| Nov 26, 1935 | Lennon State Bank | $79K |
| Nov 18, 1935 | Presidio Valley Bank | $73K |
| Nov 16, 1935 | E. P. Wilbur Trust Company | — |
| Oct 23, 1935 | Buna State Bank | $47K |
Explore: all failures · WI bank events · 1935 events · events hub