Bank Failure
THE FRANKLIN TRUST CO.
Closed December 22, 1941 · FRANKLIN, PA.
- Closing date
- December 22, 1941
- Headquarters
- FRANKLIN, PA
- Total deposits at closing
- $3,196,000
- Resolution type
- other
Context
On December 22, 1941, regulators closed THE FRANKLIN TRUST CO., headquartered in FRANKLIN, PA. 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 1941
| Date | Bank | HQ | Assets |
|---|---|---|---|
| 1941-12-22 | THE LAMBERTON NATIONAL BANK OF FRANKLIN | FRANKLIN, PA | — |
| 1941-12-13 | THE ST. CHARLES STATE BANK | ST. CHARLES, MI | — |
| 1941-12-11 | BANCO DI NAPOLI TRUST CO. OF NEW YORK | NEW YORK, NY | $13,799,000 |
| 1941-11-29 | THE FIRST NATIONAL BANK OF DODGEVILLE | DODGEVILLE, WI | $941,000 |
| 1941-11-01 | THE FIRST NATIONAL BANK OF FORESTVILLE | FORESTVILLE, NY | $328,000 |
| 1941-09-29 | BANK OF AU SABLE FORKS, N.Y. | AU SABLE FORKS, NY | — |
| 1941-06-23 | THE EXCHANGE STATE BANK | PARSONS, KS | — |
| 1941-04-26 | MUTUAL TRUST CO. OF WESTCHESTER COUNTY | PORT CHESTER, NY | — |
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