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Data / Bank failures / 1939 / The Coudersport Trust Company

The Coudersport Trust Company, Coudersport, PA: failed February 4, 1939

The Coudersport Trust Company in Coudersport, Pennsylvania, failed on February 4, 1939. It held $952,000 in assets and $706,000 in deposits at its last report. By assets it was the 4th largest of 60 banks closed or assisted in 1939.

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The FDIC's record

Closed
February 4, 1939
Type
Failure
How it was resolved
Payout: the FDIC paid insured depositors directly
Total assets
$952,000
Total deposits
$706,000
Charter
State nonmember bank (FDIC)
Insurance fund
FDIC

The FDIC record

Other bank failures in Pennsylvania, 1937 to 1941

BankCityClosedAssetsDepositsEstimated costAcquirer
The Lamberton National Bank of FranklinFranklinDecember 22, 1941$2.5 million
The Franklin Trust Co.FranklinDecember 22, 1941$3.2 million
The Keswick National Bank of GlensideGlensideApril 12, 1941$1.3 million$1.2 million
Kane Trust and Savings BankKaneJuly 2, 1940$915,000$717,000
The First National Bank of BallyBallyApril 27, 1940$619,000
Blairsville Savings and Trust CompanyBlairsvilleApril 4, 1940$1.8 million$1.4 million
Integrity Trust CompanyPhiladelphiaJanuary 13, 1940$29.4 million
Boiling Springs State BankBoiling SpringsDecember 17, 1938$147,000

All bank failures in 1939 · All bank failures in Pennsylvania · 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.