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Data / Bank failures / 1975 / American City Bank & Trust Company, N.A.

American City Bank & Trust Company, N.A., Milwaukee, WI: failed October 21, 1975

American City Bank & Trust Company, N.A. in Milwaukee, Wisconsin, failed on October 21, 1975. It held $147.6 million in assets and $98.3 million in deposits at its last report. By assets it was the largest of 13 banks closed or assisted in 1975.

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The FDIC's record

Closed
October 21, 1975
Type
Failure
How it was resolved
Purchase and assumption: another bank took over the deposits
Total assets
$147,563,000
Total deposits
$98,344,000
Charter
National bank (supervised by the OCC)
Insurance fund
FDIC
FDIC certificate
6203

The FDIC record

Other bank failures in Wisconsin, 1973 to 1977

BankCityClosedAssetsDepositsEstimated costAcquirer
Algoma BankAlgomaMay 30, 1975$5.2 million$4.8 million

All bank failures in 1975 · All bank failures in Wisconsin · The full failed bank list

Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.