Data / Bank failures / 1942 / Bank of Malone
Bank of Malone, Malone, FL: failed March 31, 1942
Bank of Malone in Malone, Florida, failed on March 31, 1942. It held $149,000 in assets and $140,000 in deposits at its last report. By assets it was the 4th largest of 20 banks closed or assisted in 1942.
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The FDIC's record
- Closed
- March 31, 1942
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $149,000
- Total deposits
- $140,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
All bank failures in 1942 · All bank failures in Florida · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-24. 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.