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Calendar Year

1950 in US Banking

4 bank events are on record for 1950: 4 failures, 0 mergers or acquisitions involving a bank, credit union or bank holding company, and 0 enforcement actions.

4
Failures
$4.0M 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 1950

How many banks failed in 1950?

4 banks failed in 1950, with $4.0M in assets. Each failure below links to its own page.

Date Bank HQ Assets Acquirer or resolution
Oct 9, 1950 First National Bank in Cecil Cecil, PA $638K —
Aug 14, 1950 The Farmers First National Bank of Minooka Minooka, IL $1.3M —
Jul 24, 1950 The Bank of Aurora Aurora, NC $1.3M —
Apr 3, 1950 The Westphalia State Bank Westphalia, MI $744K —

Browse adjacent years: 1949 · 1951

Or jump to a category: Failures · Mergers · Enforcement · Assistance