Data / Bank failures / 1981 / Southwestern Bank
Southwestern Bank, Tucson, AZ: failed September 25, 1981
Southwestern Bank in Tucson, Arizona, failed on September 25, 1981. It held $5.3 million in assets and $5 million in deposits at its last report. By assets it was the 38th largest of 40 banks closed or assisted in 1981.
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The FDIC's record
- Closed
- September 25, 1981
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $5,308,000
- Total deposits
- $5,006,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
- FDIC certificate
- 20778
All bank failures in 1981 · All bank failures in Arizona · 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.