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Data / Bank failures / 1937 / Stoneham Trust Company

Stoneham Trust Company, Stoneham, MA: failed September 11, 1937

Stoneham Trust Company in Stoneham, Massachusetts, failed on September 11, 1937. It held $809,000 in deposits.

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The FDIC's record

Closed
September 11, 1937
Type
Failure
How it was resolved
Purchase and assumption: another bank took over the deposits
Total deposits
$809,000
Charter
State nonmember bank (FDIC)
Insurance fund
FDIC

The FDIC record

Other bank failures in Massachusetts, 1935 to 1939

BankCityClosedAssetsDepositsEstimated costAcquirer
The National City Bank of LynnLynnDecember 3, 1938$2.2 million

All bank failures in 1937 · All bank failures in Massachusetts · 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.