Data / Bank failures / 1974 / Cromwell State Savings Bank
Cromwell State Savings Bank, Cromwell, IA: failed October 9, 1974
Cromwell State Savings Bank in Cromwell, Iowa, failed on October 9, 1974. It held $3.5 million in assets and $3.3 million in deposits at its last report. By assets it was the 4th largest of 4 banks closed or assisted in 1974.
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The FDIC's record
- Closed
- October 9, 1974
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Total assets
- $3,502,000
- Total deposits
- $3,271,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
- FDIC certificate
- 14250
Other bank failures in Iowa, 1972 to 1976
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| First National Bank of Eldora | Eldora | October 5, 1973 | $8.1 million | $7.5 million |
All bank failures in 1974 · All bank failures in Iowa · 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.