Bank failures in 1974
4 FDIC-insured institutions failed in 1974.
| Bank | Location | Date | Deposits (pre-failure) | Assets (pre-failure) |
|---|---|---|---|---|
| Cromwell State Savings Bank | Cromwell, Iowa | October 9, 1974 | $3M | $4M |
| Franklin National Bank | New York, New York | October 8, 1974 | $1.4B | $3.7B |
| Tri-City Bank | Warren, Michigan | September 27, 1974 | $15M | $16M |
| American Bank & Trust | Orangeburg, South Carolina | September 20, 1974 | $113M | $147M |
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.