Data / Bank failures / 1936 / Citizens Bank of Erwin
Citizens Bank of Erwin, Erwin, TN: failed January 10, 1936
Citizens Bank of Erwin in Erwin, Tennessee, failed on January 10, 1936. It held $159,000 in assets and $95,000 in deposits at its last report. By assets it was the 22nd largest of 69 banks closed or assisted in 1936.
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The FDIC's record
- Closed
- January 10, 1936
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $159,000
- Total deposits
- $95,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
Other bank failures in Tennessee, 1934 to 1938
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Home Bank & Trust Company | Winchester | August 19, 1938 | $401,000 | $278,000 | ||
| Bethel Springs Bank | Bethel Springs | July 22, 1938 | $39,000 | |||
| Peoples Bank & Trust Company | Sparta | February 10, 1938 | $123,000 | |||
| Farmers & Merchants Bank | Newbern | July 17, 1937 | $264,000 | $189,000 | ||
| Robbins Bank & Trust Company | Robbins | April 15, 1937 | $29,000 | |||
| Cross Plains Bank | Cross Plains | April 10, 1936 | $50,000 | $32,000 | ||
| Clifton State Bank | Clifton | March 27, 1936 | $30,000 | $22,000 | ||
| Donelson Bank & Trust Co. | Donelson | March 25, 1936 | $131,000 |
All bank failures in 1936 · All bank failures in Tennessee · 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.