Bank failures in 1953
2 FDIC-insured institutions failed in 1953.
| Bank | Location | Date | Deposits (pre-failure) | Assets (pre-failure) |
|---|---|---|---|---|
| First State Bank of Elmwood Park | Elmwood Park, Illinois | May 26, 1953 | $17M | $17M |
| Mayfield State Bank | Mayfield, Pennsylvania | February 13, 1953 | $1M | $1M |
Transcribed from the FDIC BankFind Suite failures dataset. Deposit and asset figures are from the last quarterly Call Report filed before failure, not balances on the failure date.