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Data / Bank failures / 1939 / The Fulton State Bank

The Fulton State Bank, Fulton, IN: failed March 18, 1939

The Fulton State Bank in Fulton, Indiana, failed on March 18, 1939. It held $168,000 in assets and $137,000 in deposits at its last report. By assets it was the 20th largest of 60 banks closed or assisted in 1939.

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The FDIC's record

Closed
March 18, 1939
Type
Failure
How it was resolved
Payout: the FDIC paid insured depositors directly
Total assets
$168,000
Total deposits
$137,000
Charter
State nonmember bank (FDIC)
Insurance fund
FDIC

The FDIC record

Other bank failures in Indiana, 1937 to 1941

BankCityClosedAssetsDepositsEstimated costAcquirer
The Lucerne State BankLucerneJune 22, 1940$195,000$166,000
Mackey State BankMackeyMay 9, 1940$40,000$25,000
The ST. Joseph Loan & Trust CompanySouth BendFebruary 16, 1939$3.2 million
ST. Joseph County Savings BankSouth BendFebruary 16, 1939$1.6 million
The Borden State BankBordenMarch 18, 1938$165,000$135,000
Commercial Bank & Trust CompanyUnion CityNovember 4, 1937$853,000$733,000
Michigan City Trust & Savings BankMichigan CityJuly 20, 1937$983,000
The Romney BankRomneyJune 15, 1937$64,000$56,000

All bank failures in 1939 · 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.