Data / Bank failures / 1941 / The Exchange State Bank
The Exchange State Bank, Parsons, KS: failed June 23, 1941
The Exchange State Bank in Parsons, Kansas, failed on June 23, 1941. It held $455,000 in deposits.
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The FDIC's record
- Closed
- June 23, 1941
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Total deposits
- $455,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
Other bank failures in Kansas, 1939 to 1943
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| The First National Bank of Burlingame | Burlingame | November 19, 1940 | $301,000 | $256,000 | ||
| The State Bank of Liebenthal | Liebenthal | December 6, 1939 | $60,000 | $58,000 | ||
| The Farmers State Bank | Cuba | November 25, 1939 | $94,000 |
All bank failures in 1941 · All bank failures in Kansas · 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.