Data / Bank failures / 1937 / The First National Bank of Mahanoy City
The First National Bank of Mahanoy City, Mahanoy City, PA: failed June 5, 1937
The First National Bank of Mahanoy City in Mahanoy City, Pennsylvania, failed on June 5, 1937. It held $2.1 million in deposits.
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The FDIC's record
- Closed
- June 5, 1937
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Total deposits
- $2,060,000
- Charter
- National bank (supervised by the OCC)
- Insurance fund
- FDIC
Other bank failures in Pennsylvania, 1935 to 1939
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| The Coudersport Trust Company | Coudersport | February 4, 1939 | $952,000 | $706,000 | ||
| Boiling Springs State Bank | Boiling Springs | December 17, 1938 | $147,000 | |||
| The Nescopeck National Bank | Nescopeck | October 22, 1937 | $397,000 | $329,000 | ||
| E. P. Wilbur Trust Company | Bethlehem | November 16, 1935 | $4.4 million | |||
| The Commercial National Bank of Bradford | Bradford | September 28, 1935 | $5.2 million | $4.6 million |
All bank failures in 1937 · All bank failures in Pennsylvania · 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.