Bank failures in 1970
7 FDIC-insured institutions failed in 1970.
| Bank | Location | Date | Deposits (pre-failure) | Assets (pre-failure) |
|---|---|---|---|---|
| Berea Bank and Trust Company | Berea, Kentucky | October 8, 1970 | $5M | $6M |
| City Bank of Philadelphia | Philadelphia, Pennsylvania | September 3, 1970 | $9M | $11M |
| First State Bank of Bonne Terre | Bonne Terre, Missouri | August 24, 1970 | $7M | $8M |
| Eatontown National Bank | Eatontown, New Jersey | August 7, 1970 | $16M | $21M |
| Farmers Bank of Petersburg | Petersburg, Kentucky | June 25, 1970 | $1M | $1M |
| The Peoples State Savings Bank | Auburn, Michigan | April 18, 1970 | $10M | $11M |
| State Bank of Prairie City | Prairie City, Iowa | February 22, 1970 | $4M | $4M |
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.