Data / Bank failures / 1938 / Central Savings Bank
Central Savings Bank, Newport, KY: failed June 22, 1938
Central Savings Bank in Newport, Kentucky, failed on June 22, 1938. It held $1.4 million in deposits.
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The FDIC's record
- Closed
- June 22, 1938
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Total deposits
- $1,361,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
Other bank failures in Kentucky, 1936 to 1940
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Bank of Moreland | Moreland | April 19, 1940 | $142,000 | $124,000 | ||
| Farmers Bank | Dry Ridge | March 23, 1940 | $363,000 | $286,000 | ||
| 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 |
All bank failures in 1938 · 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.