Data / Bank failures / 1964 / Crown Savings Bank
Crown Savings Bank, Newport News, VA: failed September 4, 1964
Crown Savings Bank in Newport News, Virginia, failed on September 4, 1964. It held $7.9 million in assets and $7 million in deposits at its last report. By assets it was the largest of 7 banks closed or assisted in 1964.
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The FDIC's record
- Closed
- September 4, 1964
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $7,865,000
- Total deposits
- $7,023,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
All bank failures in 1964 · All bank failures in Virginia · 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.