Data / Bank failures / 1936 / Cumberland Bank
Cumberland Bank, Cumberland, IN: failed August 14, 1936
Cumberland Bank in Cumberland, Indiana, failed on August 14, 1936. It held $87,000 in assets and $71,000 in deposits at its last report. By assets it was the 27th largest of 69 banks closed or assisted in 1936.
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The FDIC's record
- Closed
- August 14, 1936
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $87,000
- Total deposits
- $71,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
Other bank failures in Indiana, 1934 to 1938
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| The Borden State Bank | Borden | March 18, 1938 | $165,000 | $135,000 | ||
| Commercial Bank & Trust Company | Union City | November 4, 1937 | $853,000 | $733,000 | ||
| 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 | ||
| Citizens State Bank | Palmyra | December 5, 1936 | $350,000 | $297,000 | ||
| Holton State Bank | Holton | May 28, 1936 | $204,000 | $171,000 |
All bank failures in 1936 · 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.