Bank failures in 1942

FDIC-insured banks and savings institutions recorded 20 failures in 1942, according to the FDIC.

20 FDIC-insured banks and savings institutions failed in 1942, the FDIC records, oldest first.

3 more columns on a wider screen

Failures and assistance transactions of FDIC-insured institutions in 1942, oldest first
Date	Institution	Where	Resolution	Assets	Estimated cost
January 17, 1942	PROVIDENCE BANK	SCRANTON, PA	FAILURE	Not published by the FDIC	Not published by the FDIC
January 21, 1942	PALISADE STATE BANK	PALISADE, MN	FAILURE	$91.0 thousand	Not published by the FDIC
January 31, 1942	THE LOUISA NATIONAL BANK	LOUISA, KY	FAILURE	Not published by the FDIC	Not published by the FDIC
February 6, 1942	BANK OF DRAPER	DRAPER, NC	FAILURE	$129.0 thousand	Not published by the FDIC
February 28, 1942	THE HADDONFIELD NATIONAL BANK	HADDONFIELD, NJ	FAILURE	Not published by the FDIC	Not published by the FDIC
March 7, 1942	THE CITIZENS NATIONAL BANK OF FREEPORT	FREEPORT, NY	FAILURE	Not published by the FDIC	Not published by the FDIC
March 14, 1942	THE FIRST NATIONAL BANK OF WEATHERLY	WEATHERLY, PA	FAILURE	Not published by the FDIC	Not published by the FDIC
March 28, 1942	FLORAL PARK BANK AND TRUST COMPANY	FLORAL PARK, NY	FAILURE	Not published by the FDIC	Not published by the FDIC
March 31, 1942	BANK OF MALONE	MALONE, FL	FAILURE	$149.0 thousand	Not published by the FDIC
April 25, 1942	THE EMMAUS NATIONAL BANK	EMMAUS, PA	FAILURE	Not published by the FDIC	Not published by the FDIC
June 20, 1942	THE FIRST NAT BK & TR CO. OF DALLASTOWN	DALLASTOWN, PA	FAILURE	Not published by the FDIC	Not published by the FDIC
July 6, 1942	FARMER'S AND MERCHANT'S BANK	COCHRANE, WI	FAILURE	$395.0 thousand	Not published by the FDIC
August 1, 1942	THE FIRST NATIONAL BANK OF LEHIGHTON	LEHIGHTON, PA	FAILURE	Not published by the FDIC	Not published by the FDIC
August 1, 1942	CITIZENS NAT BK & TR CO. OF LEHIGHTON	LEHIGHTON, PA	FAILURE	Not published by the FDIC	Not published by the FDIC
August 29, 1942	THE HARNEY COUNTY NATIONAL BANK OF BURNS	BURNS, OR	FAILURE	Not published by the FDIC	Not published by the FDIC
September 12, 1942	MERCHANTS BANKING TRUST COMPANY	MAHANOY, PA	FAILURE	Not published by the FDIC	Not published by the FDIC
October 2, 1942	FARMERS BANK	LONE ROCK, WI	FAILURE	$580.0 thousand	Not published by the FDIC
October 17, 1942	THE FARMERS NATIONAL BANK OF SELINSGROVE	SELINSGROVE, PA	FAILURE	Not published by the FDIC	Not published by the FDIC
November 18, 1942	THE CITIZENS BANK OF LIBERTY	LIBERTY, MO	FAILURE	$258.0 thousand	Not published by the FDIC
November 28, 1942	GUARANTEE TR & SAFE DEP. CO.-MT.CARMEL	MT. CARMEL, PA	FAILURE	Not published by the FDIC	Not published by the FDIC

Sources

FDIC failures — every bank failure and assistance transaction since 1934 — Federal Deposit Insurance Corporation · Public domain — U.S. Government work · retrieved September 27, 2026

Compiled automatically from FDIC failures — every bank failure and assistance transaction since 1934 by a checked SQL query · Editor: Kian O'Connor · How this site is built

Data retrieved September 30, 2026