Calendar Year
1948 in US Banking
4 bank events are on record for 1948: 3 failures, 1 merger or acquisition involving a bank, credit union or bank holding company, and 0 enforcement actions.
3
Failures
$10.4M in failed assets
1
Mergers
Federal Reserve NIC, banking organizations
0
Enforcement
OCC, FDIC, FRB, OTS and SEC 8-K filings
Jump to: Bank failures 1948 · Bank mergers 1948
How many banks failed in 1948?
3 banks failed in 1948, with $10.4M in assets. Each failure below links to its own page.
| Date | Bank | Assets |
|---|---|---|
| Dec 18, 1948 | The First State Bank | $694K |
| Nov 20, 1948 | The American National Bank of Pryor Creek | $1.8M |
| Jul 24, 1948 | Columbus Trust Company | $7.9M |
Which banks merged in 1948?
1 merger or acquisition involving a bank, credit union or bank holding company is on record for 1948.
See the fuller list: Bank mergers 1948 with largest deals and credit union mergers ›
| Date | Acquired | Acquirer |
|---|---|---|
| May 12, 1948 | Bank of Donelson | NationsBank of Tennessee, National Association |
Browse adjacent years: 1947 · 1949
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