Data / Bank failures / 1937 / Rio State Bank
Rio State Bank, Rio, IL: failed March 26, 1937
Rio State Bank in Rio, Illinois, failed on March 26, 1937. It held $384,000 in assets and $329,000 in deposits at its last report. By assets it was the 13th largest of 75 banks closed or assisted in 1937.
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The FDIC's record
- Closed
- March 26, 1937
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $384,000
- Total deposits
- $329,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
Other bank failures in Illinois, 1935 to 1939
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Rardin State Bank | Rardin | August 30, 1939 | $3.1 million | |||
| First State Bank of O'Fallon | O'Fallon | August 28, 1939 | $50,000 | $102,000 | ||
| Bank of Brussels | Brussels | April 14, 1939 | $148,000 | |||
| The City National Bank of Harrisburg | Harrisburg | April 9, 1938 | $2.8 million | |||
| Belleville Bank & Trust Company | Belleville | January 26, 1938 | $2.8 million | |||
| First State Bank of Cobden | Cobden | November 24, 1937 | $52,000 | |||
| State Bank of Mundelein | Mundelein | October 18, 1937 | $522,000 | |||
| Roanoke State Bank | Roanoke | September 8, 1937 | $265,000 | $280,000 |
All bank failures in 1937 · All bank failures in Illinois · 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.