Data / Bank failures / 1938 / Bank of Northampton, Incorporated
Bank of Northampton, Incorporated, Nassawadox, VA: failed March 3, 1938
Bank of Northampton, Incorporated in Nassawadox, Virginia, failed on March 3, 1938. It held $300,000 in deposits.
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The FDIC's record
- Closed
- March 3, 1938
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Total deposits
- $300,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
Other bank failures in Virginia, 1936 to 1940
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| The Parksley National Bank | Parksley | May 18, 1939 | $279,000 | $182,000 | ||
| Merchants' and Mechanics' Savings Bank of Norfolk | Norfolk | March 26, 1938 | $2.9 million | |||
| Peoples Bank of Bloxom, Inc. | Bloxom | July 19, 1937 | $101,000 | $63,000 | ||
| Farmers & Merchants Trust Bank | Cape Charles | May 22, 1937 | $844,000 |
All bank failures in 1938 · 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.