Data / Bank failures / 1937 / The Fort Greene National Bank in New York
The Fort Greene National Bank in New York, Brooklyn, NY: failed August 14, 1937
The Fort Greene National Bank in New York in Brooklyn, New York, failed on August 14, 1937. It held $2.4 million in assets and $2 million in deposits at its last report. By assets it was the 2nd largest of 75 banks closed or assisted in 1937.
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The FDIC's record
- Closed
- August 14, 1937
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $2,379,000
- Total deposits
- $1,987,000
- Charter
- National bank (supervised by the OCC)
- Insurance fund
- FDIC
Other bank failures in New York, 1935 to 1939
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| The Yonkers National Bank & Trust Co. | Yonkers | December 4, 1939 | $8.8 million | |||
| Bank of Eden | Eden | April 29, 1939 | $734,000 | |||
| The First National Bank of Roosevelt | Roosevelt | November 26, 1938 | $1 million | |||
| The Saranac Lake National Bank | Saranac Lake | September 24, 1938 | $491,000 | |||
| First Nat BK & TR Co. of Manhasset | Manhasset | December 20, 1937 | $1.2 million |
All bank failures in 1937 · All bank failures in New York · 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.