Bank Failure
Brazeau Bank
BankRegReports is independent of Brazeau Bank and never asks for online banking logins or passwords.
Closed January 22, 1951 · Brazeau, MO .
- Closing date
- January 22, 1951
- Headquarters
- Brazeau, MO
- Total assets at closing
- $144K
- Total deposits at closing
- $148K
- 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 January 22, 1951, regulators closed Brazeau Bank, headquartered in Brazeau, MO. At closing, the institution held approximately $144K in assets and $148K in deposits. The FDIC record does not name an acquiring institution.
By assets at closing this is the 3275th largest of the 3,526 bank failures in the FDIC record, and the 2nd of 2 in 1951. It falls in the period the record labels Postwar Stability (1945-1979), a period with 161 failures peaking at 16 in 1976.
Three decades of regulated calm — Reg Q ceilings, geographic branching limits, and high industry profits kept failures rare.
Source: FDIC Failed Banks list. Asset and deposit values reflect the most recent regulatory filing prior to closing.
Common questions
When did Brazeau Bank fail?
Brazeau Bank was closed by regulators on January 22, 1951.
How big was Brazeau Bank when it failed?
Brazeau Bank had approximately $144K in total assets and $148K in deposits at the time of failure.
Other failures in 1951
| Date | Bank | Assets |
|---|---|---|
| Aug 25, 1951 | The Parnassus National Bank | $2.9M |
Explore: all failures · MO bank events · 1951 events · events hub