Data / Bank failures / 1940 / The American Nat BK of Santa Monica
The American Nat BK of Santa Monica, Santa Monica, CA: failed December 4, 1940
The American Nat BK of Santa Monica in Santa Monica, California, failed on December 4, 1940. It held $1.1 million in deposits.
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The FDIC's record
- Closed
- December 4, 1940
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Total deposits
- $1,078,000
- Charter
- National bank (supervised by the OCC)
- Insurance fund
- FDIC
All bank failures in 1940 · All bank failures in California · 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.