Data / Bank failures / 1939 / Ripley Savings Bank & Trust Company
Ripley Savings Bank & Trust Company, Ripley, TN: failed April 28, 1939
Ripley Savings Bank & Trust Company in Ripley, Tennessee, failed on April 28, 1939. It held $794,000 in assets and $739,000 in deposits at its last report. By assets it was the 5th largest of 60 banks closed or assisted in 1939.
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The FDIC's record
- Closed
- April 28, 1939
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $794,000
- Total deposits
- $739,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
Other bank failures in Tennessee, 1937 to 1941
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Maynardville State Bank | Maynardville | December 11, 1939 | $218,000 | $186,000 | ||
| Home Bank & Trust Company | Winchester | August 19, 1938 | $401,000 | $278,000 | ||
| Bethel Springs Bank | Bethel Springs | July 22, 1938 | $39,000 | |||
| Peoples Bank & Trust Company | Sparta | February 10, 1938 | $123,000 | |||
| Farmers & Merchants Bank | Newbern | July 17, 1937 | $264,000 | $189,000 | ||
| Robbins Bank & Trust Company | Robbins | April 15, 1937 | $29,000 |
All bank failures in 1939 · All bank failures in Tennessee · 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.