Data / Bank failures / 1945 / The Farmers & Merchants State Bank
The Farmers & Merchants State Bank, Fredericksburg, VA: failed January 13, 1945
The Farmers & Merchants State Bank in Fredericksburg, Virginia, failed on January 13, 1945. It held $6.4 million in assets and $5.7 million in deposits at its last report.
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The FDIC's record
- Closed
- January 13, 1945
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Total assets
- $6,392,000
- Total deposits
- $5,695,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
Other bank failures in Virginia, 1943 to 1947
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Augusta County Bank, Inc. | Churchville | September 14, 1946 | $351,000 | $316,000 |
All bank failures in 1945 · All bank failures in 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.