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Data / Bank failures / 1938 / Boiling Springs State Bank

Boiling Springs State Bank, Boiling Springs, PA: failed December 17, 1938

Boiling Springs State Bank in Boiling Springs, Pennsylvania, failed on December 17, 1938. It held $147,000 in deposits.

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The FDIC's record

Closed
December 17, 1938
Type
Failure
How it was resolved
Purchase and assumption: another bank took over the deposits
Total deposits
$147,000
Charter
State nonmember bank (FDIC)
Insurance fund
FDIC

The FDIC record

Other bank failures in Pennsylvania, 1936 to 1940

BankCityClosedAssetsDepositsEstimated costAcquirer
Kane Trust and Savings BankKaneJuly 2, 1940$915,000$717,000
The First National Bank of BallyBallyApril 27, 1940$619,000
Blairsville Savings and Trust CompanyBlairsvilleApril 4, 1940$1.8 million$1.4 million
Integrity Trust CompanyPhiladelphiaJanuary 13, 1940$29.4 million
The Coudersport Trust CompanyCoudersportFebruary 4, 1939$952,000$706,000
The Nescopeck National BankNescopeckOctober 22, 1937$397,000$329,000
The First National Bank of Mahanoy CityMahanoy CityJune 5, 1937$2.1 million

All bank failures in 1938 · 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.