Bank failures in 1954

FDIC-insured banks and savings institutions recorded 2 failures in 1954, according to the FDIC.

2 FDIC-insured banks and savings institutions failed in 1954, the FDIC records, oldest first.

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Failures and assistance transactions of FDIC-insured institutions in 1954, oldest first
Date	Institution	Where	Resolution	Assets	Estimated cost
August 9, 1954	BANK OF ILA	ILA, GA	FAILURE	$98.0 thousand	Not published by the FDIC
October 1, 1954	BANK OF WHITESVILLE	WHITESVILLE, KY	FAILURE	$1.0 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