Data / Bank failures / 1939 / Peoples State Bank
Peoples State Bank, Frankfort, KY: failed February 21, 1939
Peoples State Bank in Frankfort, Kentucky, failed on February 21, 1939. It held $1.9 million in deposits.
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The FDIC's record
- Closed
- February 21, 1939
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Total deposits
- $1,932,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
Other bank failures in Kentucky, 1937 to 1941
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Bank of Moreland | Moreland | April 19, 1940 | $142,000 | $124,000 | ||
| Farmers Bank | Dry Ridge | March 23, 1940 | $363,000 | $286,000 | ||
| Commercial Bank of Liberty | Liberty | November 25, 1939 | $548,000 | $502,000 | ||
| Providence Citizens Bank | Providence | September 1, 1939 | $306,000 | $251,000 | ||
| The Bank of Rocky Hill | Rocky Hill | March 4, 1939 | $163,000 | $154,000 | ||
| 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 |
All bank failures in 1939 · All bank failures in Kentucky · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-24. 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.