Data / Bank failures / 1937 / First Nat BK & TR Co. of Manhasset
First Nat BK & TR Co. of Manhasset, Manhasset, NY: failed December 20, 1937
First Nat BK & TR Co. of Manhasset in Manhasset, New York, failed on December 20, 1937. It held $1.2 million in deposits.
SpecStream is the live web data engine for teams and agents. It reads the FDIC failed bank data every morning, and this page is that reading. Ask for the banks you follow and each new closure arrives in your sheet, CRM, Slack or agent as the FDIC announces it.
The FDIC's record
- Closed
- December 20, 1937
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Total deposits
- $1,214,000
- Charter
- National bank (supervised by the OCC)
- Insurance fund
- FDIC
Other bank failures in New York, 1935 to 1939
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| The Yonkers National Bank & Trust Co. | Yonkers | December 4, 1939 | $8.8 million | |||
| Bank of Eden | Eden | April 29, 1939 | $734,000 | |||
| The First National Bank of Roosevelt | Roosevelt | November 26, 1938 | $1 million | |||
| The Saranac Lake National Bank | Saranac Lake | September 24, 1938 | $491,000 | |||
| The Fort Greene National Bank in New York | Brooklyn | August 14, 1937 | $2.4 million | $2 million |
All bank failures in 1937 · All bank failures in New York · 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.