Data / Bank failures / 1975 / The Peoples Bank of the Virgin Islands
The Peoples Bank of the Virgin Islands, Charlotte Amalie, VI: failed October 24, 1975
The Peoples Bank of the Virgin Islands in Charlotte Amalie, U.S. Virgin Islands, failed on October 24, 1975. It held $14.9 million in assets and $14.3 million in deposits at its last report. By assets it was the 6th largest of 13 banks closed or assisted in 1975.
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The FDIC's record
- Closed
- October 24, 1975
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $14,879,000
- Total deposits
- $14,256,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
- FDIC certificate
- 20465
All bank failures in 1975 · All bank failures in U.S. Virgin Islands · 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.