Data / Bank failures / 1936 / Farmers & Mechanics Bank
Farmers & Mechanics Bank, Ann Arbor, MI: failed February 15, 1936
Farmers & Mechanics Bank in Ann Arbor, Michigan, failed on February 15, 1936. It held $3.7 million in deposits.
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The FDIC's record
- Closed
- February 15, 1936
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Total deposits
- $3,734,000
- Charter
- State member bank (Federal Reserve)
- Insurance fund
- FDIC
Other bank failures in Michigan, 1934 to 1938
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| The Trout Creek State Bank | Trout Creek | January 28, 1938 | $46,000 | $22,000 | ||
| The State Bank of Marcellus | Marcellus | June 17, 1937 | $95,000 | $64,000 | ||
| The First National Bank & Trust Co. | Ann Arbor | February 15, 1936 | $1.7 million | |||
| The Ann Arbor Savings Bank | Ann Arbor | February 15, 1936 | $6.8 million | |||
| Lennon State Bank | Lennon | November 26, 1935 | $79,000 | $74,000 |
All bank failures in 1936 · All bank failures in Michigan · 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.