Calendar Year
1942 in US Banking
20 bank events are on record for 1942: 20 failures, 0 mergers or acquisitions involving a bank, credit union or bank holding company, and 0 enforcement actions.
20
Failures
$1.6M in failed assets
0
Mergers
Federal Reserve NIC, banking organizations
0
Enforcement
OCC, FDIC, FRB, OTS and SEC 8-K filings
Jump to: Bank failures 1942
How many banks failed in 1942?
20 banks failed in 1942, with $1.6M in assets. Each failure below links to its own page.
| Date | Bank | Assets |
|---|---|---|
| Nov 28, 1942 | Guarantee TR & Safe Dep. CO.-MT.CARMEL | — |
| Nov 18, 1942 | The Citizens Bank of Liberty | $258K |
| Oct 17, 1942 | The Farmers National Bank of Selinsgrove | — |
| Oct 2, 1942 | Farmers Bank | $580K |
| Sep 12, 1942 | Merchants Banking Trust Company | — |
| Aug 29, 1942 | The Harney County National Bank of Burns | — |
| Aug 1, 1942 | The First National Bank of Lehighton | — |
| Aug 1, 1942 | Citizens Nat BK & TR Co. of Lehighton | — |
| Jul 6, 1942 | Farmer's and Merchant's Bank | $395K |
| Jun 20, 1942 | The First Nat BK & TR Co. of Dallastown | — |
| Apr 25, 1942 | The Emmaus National Bank | — |
| Mar 31, 1942 | Bank of Malone | $149K |
| Mar 28, 1942 | Floral Park Bank and Trust Company | — |
| Mar 14, 1942 | The First National Bank of Weatherly | — |
| Mar 7, 1942 | The Citizens National Bank of Freeport | — |
| Feb 28, 1942 | The Haddonfield National Bank | — |
| Feb 6, 1942 | Bank of Draper | $129K |
| Jan 31, 1942 | The Louisa National Bank | — |
| Jan 21, 1942 | Palisade State Bank | $91K |
| Jan 17, 1942 | Providence Bank | — |
Browse adjacent years: 1941 · 1943
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