Data / Bank failures / 1937 / Farmers State Bank
Farmers State Bank, Wyndmere, ND: failed October 23, 1937
Farmers State Bank in Wyndmere, North Dakota, failed on October 23, 1937. It held $100,000 in assets and $72,000 in deposits at its last report. By assets it was the 36th largest of 75 banks closed or assisted in 1937.
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The FDIC's record
- Closed
- October 23, 1937
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $100,000
- Total deposits
- $72,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
Other bank failures in North Dakota, 1935 to 1939
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| State Bank of Bremen | Bremen | March 18, 1939 | $61,000 | $28,000 | ||
| Bank of Scranton | Scranton | January 16, 1939 | $153,000 | $94,000 | ||
| Farmers State Bank of Anamoose | Anamoose | November 26, 1938 | $62,000 | $39,000 | ||
| Stockmens State Bank | Medora | September 24, 1938 | $87,000 | $74,000 | ||
| First Bank of Flaxton | Flaxton | August 31, 1938 | $80,000 | $53,000 | ||
| German State Bank of Beulah | Beulah | May 31, 1938 | $122,000 | $100,000 | ||
| First State Bank | Turtle Lake | April 19, 1938 | $186,000 | $144,000 | ||
| The First State Bank | Colfax | April 9, 1938 | $117,000 | $83,000 |
All bank failures in 1937 · All bank failures in North Dakota · 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.