Data / Bank failures / 1938 / The National City Bank of Lynn
The National City Bank of Lynn, Lynn, MA: failed December 3, 1938
The National City Bank of Lynn in Lynn, Massachusetts, failed on December 3, 1938. It held $2.2 million in deposits.
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The FDIC's record
- Closed
- December 3, 1938
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Total deposits
- $2,233,000
- Charter
- National bank (supervised by the OCC)
- Insurance fund
- FDIC
Other bank failures in Massachusetts, 1936 to 1940
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Stoneham Trust Company | Stoneham | September 11, 1937 | $809,000 |
All bank failures in 1938 · All bank failures in Massachusetts · 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.