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Data / Bank failures / 1941 / Bank of Au Sable Forks, N.Y.

Bank of Au Sable Forks, N.Y., Au Sable Forks, NY: failed September 29, 1941

Bank of Au Sable Forks, N.Y. in Au Sable Forks, New York, failed on September 29, 1941. It held $800,000 in deposits.

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The FDIC's record

Closed
September 29, 1941
Type
Failure
How it was resolved
Purchase and assumption: another bank took over the deposits
Total deposits
$800,000
Charter
State nonmember bank (FDIC)
Insurance fund
FDIC

The FDIC record

Other bank failures in New York, 1939 to 1943

BankCityClosedAssetsDepositsEstimated costAcquirer
The Jefferson County Nat BK -WatertownWatertownSeptember 25, 1943$6.7 million$5.9 million
Floral Park Bank and Trust CompanyFloral ParkMarch 28, 1942$2 million
The Citizens National Bank of FreeportFreeportMarch 7, 1942$1.3 million
Banco Di Napoli Trust Co. of New YorkNew YorkDecember 11, 1941$13.8 million$11 million
The First National Bank of ForestvilleForestvilleNovember 1, 1941$328,000$303,000
Mutual Trust Co. of Westchester CountyPort ChesterApril 26, 1941$2.5 million
The First Nat BK & TR Co. of Port ChesterPort ChesterApril 26, 1941$5.2 million
The State Exchange BankHolleyNovember 23, 1940$986,000

All bank failures in 1941 · All bank failures in New York · 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.