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Data / Bank failures / 1973 / First National Bank of Eldora

First National Bank of Eldora, Eldora, IA: failed October 5, 1973

First National Bank of Eldora in Eldora, Iowa, failed on October 5, 1973. It held $8.1 million in assets and $7.5 million in deposits at its last report. By assets it was the 4th largest of 6 banks closed or assisted in 1973.

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The FDIC's record

Closed
October 5, 1973
Type
Failure
How it was resolved
Purchase and assumption: another bank took over the deposits
Total assets
$8,072,000
Total deposits
$7,540,000
Charter
National bank (supervised by the OCC)
Insurance fund
FDIC
FDIC certificate
10498

The FDIC record

Other bank failures in Iowa, 1971 to 1975

BankCityClosedAssetsDepositsEstimated costAcquirer
Cromwell State Savings BankCromwellOctober 9, 1974$3.5 million$3.3 million

All bank failures in 1973 · All bank failures in Iowa · 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.