Data / Bank failures / 1937 / Peoples Bank of Bloxom, Inc.
Peoples Bank of Bloxom, Inc., Bloxom, VA: failed July 19, 1937
Peoples Bank of Bloxom, Inc. in Bloxom, Virginia, failed on July 19, 1937. It held $101,000 in assets and $63,000 in deposits at its last report. By assets it was the 35th largest of 75 banks closed or assisted in 1937.
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The FDIC's record
- Closed
- July 19, 1937
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $101,000
- Total deposits
- $63,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
Other bank failures in Virginia, 1935 to 1939
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| The Parksley National Bank | Parksley | May 18, 1939 | $279,000 | $182,000 | ||
| Merchants' and Mechanics' Savings Bank of Norfolk | Norfolk | March 26, 1938 | $2.9 million | |||
| Bank of Northampton, Incorporated | Nassawadox | March 3, 1938 | $300,000 | |||
| Farmers & Merchants Trust Bank | Cape Charles | May 22, 1937 | $844,000 | |||
| The National Bank of Herndon | Herndon | January 9, 1935 | $387,000 | $384,000 |
All bank failures in 1937 · All bank failures in Virginia · 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.