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Data / Bank failures / 1947 / The First National Bank of Lemont

The First National Bank of Lemont, Lemont, IL: failed January 25, 1947

The First National Bank of Lemont in Lemont, Illinois, failed on January 25, 1947. It held $1.7 million in assets and $1.7 million in deposits at its last report. By assets it was the 3rd largest of 5 banks closed or assisted in 1947.

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The FDIC's record

Closed
January 25, 1947
Type
Failure
How it was resolved
Purchase and assumption: another bank took over the deposits
Total assets
$1,666,000
Total deposits
$1,749,000
Charter
National bank (supervised by the OCC)
Insurance fund
FDIC

The FDIC record

All bank failures in 1947 · All bank failures in Illinois · 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.