Data / Bank failures / 1991 / The Blueville Bank of Grafton
The Blueville Bank of Grafton, Grafton, WV: failed April 5, 1991
The Blueville Bank of Grafton in Grafton, West Virginia, failed on April 5, 1991. The Empire National Bank of of Clarksburg, WV, took over its deposits. It held $48.1 million in assets and $46.9 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $3.8 million (7.8% of its assets). By assets it was the 174th largest of 271 banks closed or assisted in 1991.
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The FDIC's record
- Closed
- April 5, 1991
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- The Empire National Bank of, Clarksburg, WV
- Total assets
- $48,118,000
- Total deposits
- $46,936,000
- Estimated cost to the FDIC
- $3,752,474 (estimate as of July 31, 2026)
- Charter
- State member bank (Federal Reserve)
- Insurance fund
- BIF
- FDIC certificate
- 19612
Other bank failures in West Virginia, 1989 to 1993
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Shenandoah Fsa | Martinsburg | May 8, 1992 | $94.2 million | $69 million | $5.1 million | Blue Ridge Bank |
| Evergreen FS & La | Charleston | September 13, 1991 | $40.3 million | $35 million | $3.6 million | Merchants NB of Montgomery |
| First Standard Fed. Savings Assoc. | Fairmont | February 23, 1990 | $77.6 million | $75.6 million | $3,727 | Community B&T, NA |
| First Federal Sav. Assoc./bluefield | Bluefield | February 23, 1990 | $39.3 million | $33.2 million | $2.6 million | First FSB |
| Lewis County Savings and Loan Co | Weston | May 12, 1989 | $4 million | $3.9 million | $405,429 | Community Bank & Trust, Nat |
All bank failures in 1991 · All bank failures in West Virginia · 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.