Data / Bank failures / 1942 / Farmer's and Merchant's Bank
Farmer's and Merchant's Bank, Cochrane, WI: failed July 6, 1942
Farmer's and Merchant's Bank in Cochrane, Wisconsin, failed on July 6, 1942. It held $395,000 in assets and $325,000 in deposits at its last report. By assets it was the 2nd largest of 20 banks closed or assisted in 1942.
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The FDIC's record
- Closed
- July 6, 1942
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $395,000
- Total deposits
- $325,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
Other bank failures in Wisconsin, 1940 to 1944
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Farmers Bank | Lone Rock | October 2, 1942 | $580,000 | $537,000 | ||
| The First National Bank of Dodgeville | Dodgeville | November 29, 1941 | $941,000 | $907,000 | ||
| Bank of Eagle | Eagle | October 25, 1940 | $457,000 | $387,000 | ||
| Chaseburg State Bank | Chaseburg | July 13, 1940 | $341,000 | |||
| Waushara County Bank | Plainfield | June 25, 1940 | $267,000 |
All bank failures in 1942 · All bank failures in Wisconsin · 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.