Data / Bank failures / 1947 / Peoples Bank of Donalds
Peoples Bank of Donalds, Donalds, SC: failed November 29, 1947
Peoples Bank of Donalds in Donalds, South Carolina, failed on November 29, 1947. It held $762,000 in assets and $713,000 in deposits at its last report. By assets it was the 5th largest of 5 banks closed or assisted in 1947.
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The FDIC's record
- Closed
- November 29, 1947
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Total assets
- $762,000
- Total deposits
- $713,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
All bank failures in 1947 · All bank failures in South Carolina · 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.