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Data / Bank failures / 1940 / Eugene State Bank

Eugene State Bank, Eugene, MO: failed March 13, 1940

Eugene State Bank in Eugene, Missouri, failed on March 13, 1940. It held $128,000 in assets and $106,000 in deposits at its last report. By assets it was the 17th largest of 43 banks closed or assisted in 1940.

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The FDIC's record

Closed
March 13, 1940
Type
Failure
How it was resolved
Payout: the FDIC paid insured depositors directly
Total assets
$128,000
Total deposits
$106,000
Charter
State nonmember bank (FDIC)
Insurance fund
FDIC

The FDIC record

Other bank failures in Missouri, 1938 to 1942

BankCityClosedAssetsDepositsEstimated costAcquirer
The Citizens Bank of LibertyLibertyNovember 18, 1942$258,000$206,000
Bank of JamestownJamestownJanuary 11, 1941$186,000$156,000
The Citizens State Bank of NianguaNianguaJanuary 12, 1940$143,000$119,000
The Farmers Bank of NewtownNewtownFebruary 2, 1939$114,000$89,000
Bank of BellflowerBellflowerNovember 5, 1938$52,000
Fayette BankFayetteNovember 3, 1938$348,000$303,000
The Farmers & Merchants BankMadisonAugust 18, 1938$119,000$95,000
Farmers Bank of BlackburnBlackburnFebruary 17, 1938$79,000$51,000

All bank failures in 1940 · All bank failures in Missouri · 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.