Data / Bank failures / 1935 / Lennon State Bank
Lennon State Bank, Lennon, MI: failed November 26, 1935
Lennon State Bank in Lennon, Michigan, failed on November 26, 1935. It held $79,000 in assets and $74,000 in deposits at its last report. By assets it was the 21st largest of 25 banks closed or assisted in 1935.
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The FDIC's record
- Closed
- November 26, 1935
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $79,000
- Total deposits
- $74,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
Other bank failures in Michigan, 1933 to 1937
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| The State Bank of Marcellus | Marcellus | June 17, 1937 | $95,000 | $64,000 | ||
| The First National Bank & Trust Co. | Ann Arbor | February 15, 1936 | $1.7 million | |||
| The Ann Arbor Savings Bank | Ann Arbor | February 15, 1936 | $6.8 million | |||
| Farmers & Mechanics Bank | Ann Arbor | February 15, 1936 | $3.7 million |
All bank failures in 1935 · All bank failures in Michigan · 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.