9 failures ยท $43.6 million in assets
Bank failures in 1969
Nine insured banks failed in 1969, up from 3 in 1968. Together they reported $43.6 million in assets, with no estimated loss recorded. The largest was The First State Bank of Aransas Pass, Texas, at $11.4 million. Texas led with 5 failures, ahead of Colorado with 1.
Week by week
- $1 billion or more
- $100 million to $1 billion
- under $100 million
| Closed | Bank | Location | Total assets | Est. loss |
|---|---|---|---|---|
| February 6, 1969 | The Rocky Mountain Bank | Lakewood, CO | $8.6 million | not estimated |
| April 12, 1969 | Citizens State Bank | Alvarado, TX | $2.6 million | not estimated |
| May 6, 1969 | The Morrice State Bank | Morrice, MI | $2.3 million | not estimated |
| May 12, 1969 | The First State Bank | Dodson, TX | $1.1 million | not estimated |
| May 28, 1969 | The State National Bank | Lovelady, TX | $4.1 million | not estimated |
| August 20, 1969 | First National Bank of Ursa | Ursa, IL | $2.1 million | not estimated |
| August 22, 1969 | The Big Lake State Bank | Big Lake, TX | $4.8 million | not estimated |
| September 5, 1969 | The First State Bank | Aransas Pass, TX | $11.4 million | not estimated |
| October 10, 1969 | The First National Bank of Coalville | Coalville, UT | $6.6 million | not estimated |