Bank failures in 1978
FDIC-insured banks and savings institutions recorded 7 failures in 1978, according to the FDIC.
7 FDIC-insured banks and savings institutions failed in 1978, the FDIC records, oldest first.
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| Institution | Assets | Estimated cost |
|---|---|---|
| THE DROVERS' NATIONAL BANK OF CHICAGO | $226.8 million | Not published by the FDIC |
| FIRST BANK OF MACON COUNTY | $4.5 million | Not published by the FDIC |
| WILCOX COUNTY BANK | $12.7 million | Not published by the FDIC |
| BANCO CREDITO Y DE AHORRO PONCENO | $712.5 million | Not published by the FDIC |
| WATKINS BANKING COMPANY | $1.7 million | Not published by the FDIC |
| BANCO DE AHORRO DE PUERTO RICO | $9.4 million | Not published by the FDIC |
| NORTH POINT STATE BANK | $26.5 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