Data / Bank failures / 1934 / Bank of America Trust Co.
Bank of America Trust Co., Pittsburgh, PA: failed April 19, 1934
Bank of America Trust Co. in Pittsburgh, Pennsylvania, failed on April 19, 1934. It held $1.4 million in assets and $1.1 million in deposits at its last report. By assets it was the largest of 9 banks closed or assisted in 1934.
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The FDIC's record
- Closed
- April 19, 1934
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $1,435,000
- Total deposits
- $1,064,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
Other bank failures in Pennsylvania, 1932 to 1936
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| E. P. Wilbur Trust Company | Bethlehem | November 16, 1935 | $4.4 million | |||
| The Commercial National Bank of Bradford | Bradford | September 28, 1935 | $5.2 million | $4.6 million |
All bank failures in 1934 · All bank failures in Pennsylvania · 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.