Closed Friday, July 10, 2026 · Kentland, Newton County, Indiana
Kentland Federal Savings and Loan Association
No bank in Indiana had failed for 14 years, since SCB Bank closed in 2012. Kentland Federal Savings and Loan Association's founding in 1920 put it past its 100th year when it closed. It reported a net loss in eight of its final nine reporting years.
On the books, 2018 to 2026
Total assets peaked at $4.7 million in the second quarter of 2018 and were 20% lower at the final report. Equity capital went from 12% of assets in the second quarter of 2018 to 1.8% at the last report. The last quarterly report, for the first quarter of 2026, showed $3.7 million in total assets; ranks on this site use the FDIC's failure record, which differs. The deepest annual loss, $308 thousand, was booked in 2025.* 2026: January to March only, the last report before closing.
Size against the other 2026 failures
Total assets of each 2026 failure, log scale; Kentland Federal Savings and Loan Association in red.
By assets it ranked sixth of the 6 failures in 2026. Within Indiana it ranks 19th by size of the 39 failures recorded since 1934. Across the failures of 2026, the median estimated loss came to 12% of assets. The next-larger failure of that year was Tioga-Franklin Savings Bank of Philadelphia, Pennsylvania ($68.4 million, loss 8.0% of assets). Every 2026 failure in the explorer.
Failures in Indiana
No bank in Indiana has failed since. Newton County has 2 failed banks on FDIC record since 1934. The other: Morocco State Bank (1987).