7 failures ยท $121 million in assets
Bank failures in 1966
Seven insured banks failed in 1966, up from 5 in 1965. Together they reported $121 million in assets, with no estimated loss recorded. The largest was Public Bank of Detroit, Michigan, at $110 million.
Week by week
- $1 billion or more
- $100 million to $1 billion
- under $100 million
| Closed | Bank | Location | Total assets | Est. loss |
|---|---|---|---|---|
| January 12, 1966 | Five Points National Bank | Miami, FL | $2.7 million | not estimated |
| January 24, 1966 | Citizens Bank | Pottsville, AR | $832 thousand | not estimated |
| January 31, 1966 | Blanket State Bank | Blanket, TX | $1.3 million | not estimated |
| March 17, 1966 | Saguache County National Bank | Saguache, CO | $512 thousand | not estimated |
| April 7, 1966 | Bank of Gray Summit | Gray Summit, MO | $1.9 million | not estimated |
| October 12, 1966 | Public Bank | Detroit, MI | $110 million | not estimated |
| October 17, 1966 | First State Bank of Tuscola | Tuscola, TX | $3.3 million | not estimated |