Data / Bank failures / 1943 / The Jefferson County Nat BK -Watertown
The Jefferson County Nat BK -Watertown, Watertown, NY: failed September 25, 1943
The Jefferson County Nat BK -Watertown in Watertown, New York, failed on September 25, 1943. It held $6.7 million in assets and $5.9 million in deposits at its last report. By assets it was the largest of 5 banks closed or assisted in 1943.
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The FDIC's record
- Closed
- September 25, 1943
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Total assets
- $6,677,000
- Total deposits
- $5,898,000
- Charter
- National bank (supervised by the OCC)
- Insurance fund
- FDIC
Other bank failures in New York, 1941 to 1945
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Floral Park Bank and Trust Company | Floral Park | March 28, 1942 | $2 million | |||
| The Citizens National Bank of Freeport | Freeport | March 7, 1942 | $1.3 million | |||
| Banco Di Napoli Trust Co. of New York | New York | December 11, 1941 | $13.8 million | $11 million | ||
| The First National Bank of Forestville | Forestville | November 1, 1941 | $328,000 | $303,000 | ||
| Bank of Au Sable Forks, N.Y. | Au Sable Forks | September 29, 1941 | $800,000 | |||
| Mutual Trust Co. of Westchester County | Port Chester | April 26, 1941 | $2.5 million | |||
| The First Nat BK & TR Co. of Port Chester | Port Chester | April 26, 1941 | $5.2 million |
All bank failures in 1943 · 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.