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Calendar Year

1953 in US Banking

2 bank events are on record for 1953: 2 failures, 0 mergers or acquisitions involving a bank, credit union or bank holding company, and 0 enforcement actions.

2
Failures
$18.8M 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 1953

How many banks failed in 1953?

2 banks failed in 1953, with $18.8M in assets. Each failure below links to its own page.

Date Bank HQ Assets Acquirer or resolution
May 26, 1953 First State Bank of Elmwood Park Elmwood Park, IL $17.5M —
Feb 13, 1953 Mayfield State Bank Mayfield, PA $1.4M —

Browse adjacent years: 1952 · 1954

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