Failures by State
Bank Failures in Vermont
5 FDIC-insured banks headquartered in Vermont have failed since 1938. The most recent was First National Bank of Vermont on January 29, 1993. Failed banks held $334.4M in assets at closing.
5
Failures
1938 to 1993
$334.4M
Failed assets
At closing
$36.6M
Estimated DIF loss
FDIC estimate
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Largest bank failures in Vermont
| Date | Bank | Assets |
|---|---|---|
| Jan 29, 1993 | First National Bank of Vermont | $295.8M |
| Sep 13, 1991 | Valley Bank | $33.7M |
| Jul 28, 1938 | Winooski Savings Bank | $4.0M |
| Mar 17, 1943 | The Poultney National Bank | $919K |
Vermont bank failures by year
Every bank failure in Vermont
| Date | Bank | Assets |
|---|---|---|
| Jan 29, 1993 | First National Bank of Vermont | $295.8M |
| Sep 13, 1991 | Valley Bank | $33.7M |
| Mar 17, 1943 | The Poultney National Bank | $919K |
| Mar 9, 1940 | Hartford Savings Bank and Trust Company | — |
| Jul 28, 1938 | Winooski Savings Bank | $4.0M |
Source: FDIC failed-bank list. Counts are real closures by headquarters state; FDIC open-bank assistance transactions are not failures and are excluded. Assets and deposits are as reported at closing.
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