Data / Bank failures / 1934 / Farmers State Bank of Bongards
Farmers State Bank of Bongards, Bongards, MN: failed September 13, 1934
Farmers State Bank of Bongards in Bongards, Minnesota, failed on September 13, 1934. It held $91,000 in assets and $73,000 in deposits at its last report. By assets it was the 6th largest of 9 banks closed or assisted in 1934.
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The FDIC's record
- Closed
- September 13, 1934
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $91,000
- Total deposits
- $73,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
All bank failures in 1934 · All bank failures in Minnesota · 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.