Data / Bank failures / 1940 / Guaranty Bond State Bank
Guaranty Bond State Bank, North Zulch, TX: failed January 4, 1940
Guaranty Bond State Bank in North Zulch, Texas, failed on January 4, 1940. It held $169,000 in assets and $119,000 in deposits at its last report. By assets it was the 11th largest of 43 banks closed or assisted in 1940.
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
- January 4, 1940
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $169,000
- Total deposits
- $119,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
Other bank failures in Texas, 1938 to 1942
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Tatum State Bank | Tatum | May 2, 1939 | $47,000 | $17,000 | ||
| Farmers State Bank in Merkel | Merkel | February 3, 1939 | $183,000 | $131,000 | ||
| First State Bank | Marquez | January 16, 1939 | $87,000 | $46,000 | ||
| First State Bank | Elgin | January 9, 1939 | $347,000 | $287,000 | ||
| The First National Bank of Purdon | Purdon | February 12, 1938 | $63,000 | $36,000 |
All bank failures in 1940 · All bank failures in Texas · 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.