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Data / Bank failures / 1938 / The Bank of Cuba

The Bank of Cuba, Cuba, AL: failed November 26, 1938

The Bank of Cuba in Cuba, Alabama, failed on November 26, 1938. It held $89,000 in assets and $100,000 in deposits at its last report. By assets it was the 37th largest of 74 banks closed or assisted in 1938.

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The FDIC's record

Closed
November 26, 1938
Type
Failure
How it was resolved
Payout: the FDIC paid insured depositors directly
Total assets
$89,000
Total deposits
$100,000
Charter
State nonmember bank (FDIC)
Insurance fund
FDIC

The FDIC record

Other bank failures in Alabama, 1936 to 1940

BankCityClosedAssetsDepositsEstimated costAcquirer
The First National Bank of AlbertvilleAlbertvilleAugust 12, 1937$428,000

All bank failures in 1938 · All bank failures in Alabama · 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.