Data / Bank failures / 1937 / Commercial Bank & Trust Company
Commercial Bank & Trust Company, Union City, IN: failed November 4, 1937
Commercial Bank & Trust Company in Union City, Indiana, failed on November 4, 1937. It held $853,000 in assets and $733,000 in deposits at its last report. By assets it was the 5th largest of 75 banks closed or assisted in 1937.
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The FDIC's record
- Closed
- November 4, 1937
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $853,000
- Total deposits
- $733,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
Other bank failures in Indiana, 1935 to 1939
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| The Fulton State Bank | Fulton | March 18, 1939 | $168,000 | $137,000 | ||
| The ST. Joseph Loan & Trust Company | South Bend | February 16, 1939 | $3.2 million | |||
| ST. Joseph County Savings Bank | South Bend | February 16, 1939 | $1.6 million | |||
| The Borden State Bank | Borden | March 18, 1938 | $165,000 | $135,000 | ||
| Michigan City Trust & Savings Bank | Michigan City | July 20, 1937 | $983,000 | |||
| The Romney Bank | Romney | June 15, 1937 | $64,000 | $56,000 | ||
| The Union State Bank | Crothersville | December 7, 1936 | $248,000 | $207,000 | ||
| Scottsburg State Bank | Scottsburg | December 5, 1936 | $563,000 | $491,000 |
All bank failures in 1937 · All bank failures in Indiana · 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.