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Data / Bank failures / 1946 / Augusta County Bank, Inc.

Augusta County Bank, Inc., Churchville, VA: failed September 14, 1946

Augusta County Bank, Inc. in Churchville, Virginia, failed on September 14, 1946. It held $351,000 in assets and $316,000 in deposits at its last report.

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The FDIC's record

Closed
September 14, 1946
Type
Failure
How it was resolved
Purchase and assumption: another bank took over the deposits
Total assets
$351,000
Total deposits
$316,000
Charter
State nonmember bank (FDIC)
Insurance fund
FDIC

The FDIC record

Other bank failures in Virginia, 1944 to 1948

BankCityClosedAssetsDepositsEstimated costAcquirer
The Farmers & Merchants State BankFredericksburgJanuary 13, 1945$6.4 million$5.7 million

All bank failures in 1946 · All bank failures in Virginia · 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.