Bank Failure
CROMWELL STATE SAVINGS BANK
Closed October 9, 1974 · CROMWELL, IA · FDIC Cert #14250.
- Closing date
- October 9, 1974
- Headquarters
- CROMWELL, IA
- FDIC Certificate
- 14250
- Total assets at closing
- $3,502,000
- Total deposits at closing
- $3,271,000
- Resolution type
- other
Context
On October 9, 1974, regulators closed CROMWELL STATE SAVINGS BANK, headquartered in CROMWELL, IA. At closing, the institution held approximately $3,502,000 in assets and $3,271,000 in deposits. The FDIC resolved the institution without a single-acquirer transaction.
Source: FDIC Failed Banks list. Asset and deposit values reflect the most recent regulatory filing prior to closing.
Other failures in 1974
| Date | Bank | HQ | Assets |
|---|---|---|---|
| 1974-10-08 | FRANKLIN NATIONAL BANK | NEW YORK, NY | $3,655,662,000 |
| 1974-09-27 | TRI-CITY BANK | WARREN, MI | $16,295,000 |
| 1974-09-20 | AMERICAN BANK & TRUST | ORANGEBURG, SC | $147,137,000 |
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