Bank failures in 1976

FDIC-insured banks and savings institutions recorded 16 failures in 1976, according to the FDIC.

16 FDIC-insured banks and savings institutions failed in 1976 and 1 received FDIC assistance, the FDIC records, oldest first.

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Failures and assistance transactions of FDIC-insured institutions in 1976, oldest first
Date	Institution	Where	Resolution	Assets	Estimated cost
January 10, 1976	THE BANK OF BLOOMFIELD	BLOOMFIELD, NJ	FAILURE	$31.7 million	Not published by the FDIC
January 12, 1976	BANK OF WOODMOOR	WOODMOOR, CO	FAILURE	$4.0 million	Not published by the FDIC
February 16, 1976	THE HAMILTON NATIONAL BANK OF CHATTANOOGA	CHATTANOOGA, TN	FAILURE	$412.1 million	Not published by the FDIC
February 25, 1976	SOUTH TEXAS BANK	HOUSTON, TX	FAILURE	$7.8 million	Not published by the FDIC
March 15, 1976	FARMERS BANK OF THE STATE OF DELAWARE	WILMINGTON, DE	ASSISTANCE	Not published by the FDIC	Not published by the FDIC
May 21, 1976	FIRST STATE BANK OF NORTHERN CALIFORNIA	SAN LEANDRO, CA	FAILURE	$56.0 million	Not published by the FDIC
June 3, 1976	NORTHEAST BANK OF HOUSTON	HOUSTON, TX	FAILURE	$18.1 million	Not published by the FDIC
June 14, 1976	FIRST STATE BANK OF HUDSON COUNTY	JERSEY CITY, NJ	FAILURE	$14.1 million	Not published by the FDIC
June 25, 1976	MT. ZION DEPOSIT BANK	MT. ZION, KY	FAILURE	$507.0 thousand	Not published by the FDIC
June 25, 1976	CORONADO NATIONAL BANK	DENVER, CO	FAILURE	$2.6 million	Not published by the FDIC
June 28, 1976	CITIZENS STATE BANK	CARRIZO SPRINGS, TX	FAILURE	$17.4 million	Not published by the FDIC
September 14, 1976	THE NEW BOSTON BANK AND TRUST COMPANY	BOSTON, MA	FAILURE	$6.7 million	Not published by the FDIC
September 15, 1976	AMERICAN BANK & TRUST COMPANY	NEW YORK, NY	FAILURE	$224.5 million	Not published by the FDIC
October 8, 1976	THE HAMILTON BANK AND TRUST COMPANY	ATLANTA, GA	FAILURE	$40.1 million	Not published by the FDIC
October 19, 1976	CENTENNIAL BANK	PHILADELPHIA, PA	FAILURE	$13.7 million	Not published by the FDIC
November 19, 1976	FIRST STATE BANK & TRUST CO.	RIO GRANDE CITY, TX	FAILURE	$13.8 million	Not published by the FDIC
December 3, 1976	INTERNATIONAL CITY BANK AND TRUST COMPANY	NEW ORLEANS, LA	FAILURE	$176.3 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