Bank failures in 1953

FDIC-insured banks and savings institutions recorded 2 failures in 1953, according to the FDIC.

2 FDIC-insured banks and savings institutions failed in 1953, the FDIC records, oldest first.

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Failures and assistance transactions of FDIC-insured institutions in 1953, oldest first
Date	Institution	Where	Resolution	Assets	Estimated cost
February 13, 1953	MAYFIELD STATE BANK	MAYFIELD, PA	FAILURE	$1.4 million	Not published by the FDIC
May 26, 1953	FIRST STATE BANK OF ELMWOOD PARK	ELMWOOD PARK, IL	FAILURE	$17.5 million	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