Data / Bank failures / 1964 / Frontier Bank
Frontier Bank, Covelo, CA: failed July 31, 1964
Frontier Bank in Covelo, California, failed on July 31, 1964. It held $2.6 million in assets and $2.3 million in deposits at its last report. By assets it was the 4th largest of 7 banks closed or assisted in 1964.
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The FDIC's record
- Closed
- July 31, 1964
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $2,642,000
- Total deposits
- $2,312,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
Other bank failures in California, 1962 to 1966
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| San Francisco National Bank | San Francisco | January 22, 1965 | $54.1 million | $40.2 million |
All bank failures in 1964 · All bank failures in California · 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.