Data / Bank failures / 1969 / The Morrice State Bank
The Morrice State Bank, Morrice, MI: failed May 6, 1969
The Morrice State Bank in Morrice, Michigan, failed on May 6, 1969. It held $2.3 million in assets and $2.2 million in deposits at its last report. By assets it was the 7th largest of 9 banks closed or assisted in 1969.
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The FDIC's record
- Closed
- May 6, 1969
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Total assets
- $2,283,000
- Total deposits
- $2,167,000
- Charter
- State member bank (Federal Reserve)
- Insurance fund
- FDIC
Other bank failures in Michigan, 1967 to 1971
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Birmingham-Bloomfield Bank | Birmingham | February 16, 1971 | $109.7 million | $57.5 million | ||
| The Peoples State Savings Bank | Auburn | April 18, 1970 | $10.9 million | $9.9 million |
All bank failures in 1969 · All bank failures in Michigan · 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.