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Data / Bank failures / 1939 / Providence Citizens Bank

Providence Citizens Bank, Providence, KY: failed September 1, 1939

Providence Citizens Bank in Providence, Kentucky, failed on September 1, 1939. It held $306,000 in assets and $251,000 in deposits at its last report. By assets it was the 14th largest of 60 banks closed or assisted in 1939.

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The FDIC's record

Closed
September 1, 1939
Type
Failure
How it was resolved
Payout: the FDIC paid insured depositors directly
Total assets
$306,000
Total deposits
$251,000
Charter
State nonmember bank (FDIC)
Insurance fund
FDIC

The FDIC record

Other bank failures in Kentucky, 1937 to 1941

BankCityClosedAssetsDepositsEstimated costAcquirer
Bank of MorelandMorelandApril 19, 1940$142,000$124,000
Farmers BankDry RidgeMarch 23, 1940$363,000$286,000
Commercial Bank of LibertyLibertyNovember 25, 1939$548,000$502,000
The Bank of Rocky HillRocky HillMarch 4, 1939$163,000$154,000
Peoples State BankFrankfortFebruary 21, 1939$1.9 million
Farmers State Bank of LondonLondonDecember 21, 1938$355,000$287,000
Bank of LockportLockportOctober 11, 1938$68,000$51,000
Bank of MilburnMilburnJuly 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 2026-10-23. 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.