Bank Failure
MAYFIELD STATE BANK
Closed February 13, 1953 · MAYFIELD, PA.
- Closing date
- February 13, 1953
- Headquarters
- MAYFIELD, PA
- Total assets at closing
- $1,355,000
- Total deposits at closing
- $1,305,000
- Resolution type
- other
Context
On February 13, 1953, regulators closed MAYFIELD STATE BANK, headquartered in MAYFIELD, PA. At closing, the institution held approximately $1,355,000 in assets and $1,305,000 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 1953
| Date | Bank | HQ | Assets |
|---|---|---|---|
| 1953-05-26 | FIRST STATE BANK OF ELMWOOD PARK | ELMWOOD PARK, IL | $17,456,000 |
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