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Data / Bank failures / 1967 / Southern Bank of ST. Petersburg

Southern Bank of ST. Petersburg, ST. Petersburg, FL: failed February 17, 1967

Southern Bank of ST. Petersburg in ST. Petersburg, Florida, failed on February 17, 1967. It held $2.9 million in assets and $2.5 million in deposits at its last report. By assets it was the 3rd largest of 4 banks closed or assisted in 1967.

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The FDIC's record

Closed
February 17, 1967
Type
Failure
How it was resolved
Payout: the FDIC paid insured depositors directly
Total assets
$2,884,000
Total deposits
$2,451,000
Charter
State nonmember bank (FDIC)
Insurance fund
FDIC

The FDIC record

Other bank failures in Florida, 1965 to 1969

BankCityClosedAssetsDepositsEstimated costAcquirer
Central National Bank of JacksonvilleJacksonvilleMay 27, 1968$13.4 million$11.8 million
Five Points National BankMiamiJanuary 12, 1966$2.7 million$3 million

All bank failures in 1967 · All bank failures in Florida · 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.