Bank failures in 1996
FDIC-insured banks and savings institutions recorded 6 failures in 1996, according to the FDIC.
6 FDIC-insured banks and savings institutions failed in 1996, the FDIC records, oldest first.
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| Institution | Assets | Estimated cost |
|---|---|---|
| METROBANK OF PHILADELPHIA | $40.4 million | $7.7 million |
| PEOPLE'S BANK & TRUST | $22.7 million | $3.4 million |
| FIRST NB OF THE PANHANDLE | $68.1 million | $16.3 million |
| FAIRFIELD FIRST BANK & TRUST CO | $57.3 million | $5.7 million |
| UNION FEDERAL BANK, FSB | $32.6 million | $21.9 million |
| COMMONWEALTH THRIFT & LOAN | $11.5 million | $5.6 million |
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