Data / Bank failures / 1935 / The National Bank of Herndon
The National Bank of Herndon, Herndon, VA: failed January 9, 1935
The National Bank of Herndon in Herndon, Virginia, failed on January 9, 1935. It held $387,000 in assets and $384,000 in deposits at its last report. By assets it was the 5th largest of 25 banks closed or assisted in 1935.
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The FDIC's record
- Closed
- January 9, 1935
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $387,000
- Total deposits
- $384,000
- Charter
- National bank (supervised by the OCC)
- Insurance fund
- FDIC
Other bank failures in Virginia, 1933 to 1937
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Peoples Bank of Bloxom, Inc. | Bloxom | July 19, 1937 | $101,000 | $63,000 | ||
| Farmers & Merchants Trust Bank | Cape Charles | May 22, 1937 | $844,000 |
All bank failures in 1935 · All bank failures in Virginia · 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.