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Data / Bank failures / 1937 / The First National Bank of Albertville

The First National Bank of Albertville, Albertville, AL: failed August 12, 1937

The First National Bank of Albertville in Albertville, Alabama, failed on August 12, 1937. It held $428,000 in deposits.

SpecStream is the live web data engine for teams and agents. It reads the FDIC failed bank data every morning, and this page is that reading. Ask for the banks you follow and each new closure arrives in your sheet, CRM, Slack or agent as the FDIC announces it.

The FDIC's record

Closed
August 12, 1937
Type
Failure
How it was resolved
Purchase and assumption: another bank took over the deposits
Total deposits
$428,000
Charter
National bank (supervised by the OCC)
Insurance fund
FDIC

The FDIC record

Other bank failures in Alabama, 1935 to 1939

BankCityClosedAssetsDepositsEstimated costAcquirer
The Bank of CubaCubaNovember 26, 1938$89,000$100,000

All bank failures in 1937 · All bank failures in Alabama · 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.