Skip to the page

Data / Bank failures / 1941 / The ST. Charles State Bank

The ST. Charles State Bank, ST. Charles, MI: failed December 13, 1941

The ST. Charles State Bank in ST. Charles, Michigan, failed on December 13, 1941. It held $412,000 in deposits.

SpecStream is the live web data engine for teams and agents. It reads the FDIC failed bank data every morning, and this page is that reading. Ask for the banks you follow and each new closure arrives in your sheet, CRM, Slack or agent as the FDIC announces it.

The FDIC's record

Closed
December 13, 1941
Type
Failure
How it was resolved
Purchase and assumption: another bank took over the deposits
Total deposits
$412,000
Charter
State member bank (Federal Reserve)
Insurance fund
FDIC

The FDIC record

All bank failures in 1941 · 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.