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Data / Bank failures / 1949 / The First National Bank of Dyer

The First National Bank of Dyer, Dyer, IN: failed February 19, 1949

The First National Bank of Dyer in Dyer, Indiana, failed on February 19, 1949. It held $3.2 million in assets and $3.1 million in deposits at its last report. By assets it was the largest of 4 banks closed or assisted in 1949.

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The FDIC's record

Closed
February 19, 1949
Type
Failure
How it was resolved
Purchase and assumption: another bank took over the deposits
Total assets
$3,157,000
Total deposits
$3,090,000
Charter
National bank (supervised by the OCC)
Insurance fund
FDIC

The FDIC record

Other bank failures in Indiana, 1947 to 1951

BankCityClosedAssetsDepositsEstimated costAcquirer
Farmers & Merchants State BankSpencervilleOctober 8, 1949$354,000$437,000

All bank failures in 1949 · All bank failures in Indiana · 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.