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Data / Bank failures / 1955 / Joshua Monument Nat Bank-Twentynine Palms

Joshua Monument Nat Bank-Twentynine Palms, Twentynine Palms, CA: failed July 25, 1955

Joshua Monument Nat Bank-Twentynine Palms in Twentynine Palms, California, failed on July 25, 1955. It held $3.1 million in assets and $3.7 million in deposits at its last report. By assets it was the 2nd largest of 5 banks closed or assisted in 1955.

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The FDIC's record

Closed
July 25, 1955
Type
Failure
How it was resolved
Payout: the FDIC paid insured depositors directly
Total assets
$3,111,000
Total deposits
$3,714,000
Charter
National bank (supervised by the OCC)
Insurance fund
FDIC

The FDIC record

All bank failures in 1955 · 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.