Data / Bank failures / 1936 / Peoples Bank
Peoples Bank, Franklinton, KY: failed March 2, 1936
Peoples Bank in Franklinton, Kentucky, failed on March 2, 1936. It held $93,000 in assets and $75,000 in deposits at its last report. By assets it was the 26th largest of 69 banks closed or assisted in 1936.
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The FDIC's record
- Closed
- March 2, 1936
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $93,000
- Total deposits
- $75,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
Other bank failures in Kentucky, 1934 to 1938
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Farmers State Bank of London | London | December 21, 1938 | $355,000 | $287,000 | ||
| Bank of Lockport | Lockport | October 11, 1938 | $68,000 | $51,000 | ||
| Bank of Milburn | Milburn | July 11, 1938 | $79,000 | $62,000 | ||
| Central Savings Bank | Newport | June 22, 1938 | $1.4 million | |||
| Worthville Deposit Bank | Worthville | January 11, 1938 | $141,000 | $116,000 | ||
| Carter County Commercial Bank | Olive Hill | October 30, 1937 | $139,000 | $109,000 | ||
| First State Bank | Barbourville | October 29, 1937 | $425,000 | $391,000 | ||
| Bank of Sturgis | Sturgis | July 3, 1937 | $246,000 | $213,000 |
All bank failures in 1936 · All bank failures in Kentucky · 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.