Data / Bank failures / 1937 / Carter County Commercial Bank
Carter County Commercial Bank, Olive Hill, KY: failed October 30, 1937
Carter County Commercial Bank in Olive Hill, Kentucky, failed on October 30, 1937. It held $139,000 in assets and $109,000 in deposits at its last report. By assets it was the 29th largest of 75 banks closed or assisted in 1937.
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The FDIC's record
- Closed
- October 30, 1937
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $139,000
- Total deposits
- $109,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
Other bank failures in Kentucky, 1935 to 1939
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Commercial Bank of Liberty | Liberty | November 25, 1939 | $548,000 | $502,000 | ||
| Providence Citizens Bank | Providence | September 1, 1939 | $306,000 | $251,000 | ||
| The Bank of Rocky Hill | Rocky Hill | March 4, 1939 | $163,000 | $154,000 | ||
| Peoples State Bank | Frankfort | February 21, 1939 | $1.9 million | |||
| Farmers State Bank of London | London | December 21, 1938 | $355,000 | $287,000 | ||
| Bank of Lockport | Lockport | October 11, 1938 | $68,000 | $51,000 | ||
| Bank of Milburn | Milburn | July 11, 1938 | $79,000 | $62,000 | ||
| Central Savings Bank | Newport | June 22, 1938 | $1.4 million |
All bank failures in 1937 · All bank failures in Kentucky · 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.