BranchWatch

Failed banks

Bank failures in 1972

2 FDIC-insured institutions failed in 1972.

BankLocationDateDeposits (pre-failure)Assets (pre-failure)
Surety Bank and Trust CompanyWakefield, MassachusettsMay 27, 1972$20M$22M
Bank of the CommonwealthDetroit, MichiganJanuary 18, 1972$1.3B

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.