Data / Bank failures / 1939 / The Farmers State Bank
The Farmers State Bank, Cato, WI: failed September 15, 1939
The Farmers State Bank in Cato, Wisconsin, failed on September 15, 1939. It held $97,000 in assets and $82,000 in deposits at its last report. By assets it was the 27th largest of 60 banks closed or assisted in 1939.
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The FDIC's record
- Closed
- September 15, 1939
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $97,000
- Total deposits
- $82,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
Other bank failures in Wisconsin, 1937 to 1941
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| The First National Bank of Dodgeville | Dodgeville | November 29, 1941 | $941,000 | $907,000 | ||
| Bank of Eagle | Eagle | October 25, 1940 | $457,000 | $387,000 | ||
| Chaseburg State Bank | Chaseburg | July 13, 1940 | $341,000 | |||
| Waushara County Bank | Plainfield | June 25, 1940 | $267,000 | |||
| Bank of Hartland | Hartland | May 29, 1939 | $455,000 | $370,000 | ||
| Eden State Bank | Eden | March 18, 1939 | $179,000 | |||
| State Bank of Forestville | Forestville | March 8, 1939 | $342,000 | $281,000 | ||
| Bank of Hancock | Hancock | January 12, 1939 | $248,000 |
All bank failures in 1939 · All bank failures in Wisconsin · 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.