Data / Bank failures / 1971 / First Community State Bank of Savannah
First Community State Bank of Savannah, Savannah, MO: failed December 30, 1971
First Community State Bank of Savannah in Savannah, Missouri, failed on December 30, 1971. It held $3.7 million in assets and $3.5 million in deposits at its last report. By assets it was the 3rd largest of 7 banks closed or assisted in 1971.
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The FDIC's record
- Closed
- December 30, 1971
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $3,701,000
- Total deposits
- $3,488,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
Other bank failures in Missouri, 1969 to 1973
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| First State Bank of Bonne Terre | Bonne Terre | August 24, 1970 | $8 million | $7.1 million |
All bank failures in 1971 · 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.