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Data / Bank failures / 1934 / The State Bank

The State Bank, Sauk City, WI: failed November 16, 1934

The State Bank in Sauk City, Wisconsin, failed on November 16, 1934. It held $195,000 in assets and $170,000 in deposits at its last report. By assets it was the 4th largest of 9 banks closed or assisted in 1934.

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The FDIC's record

Closed
November 16, 1934
Type
Failure
How it was resolved
Payout: the FDIC paid insured depositors directly
Total assets
$195,000
Total deposits
$170,000
Charter
State nonmember bank (FDIC)
Insurance fund
FDIC

The FDIC record

Other bank failures in Wisconsin, 1932 to 1936

BankCityClosedAssetsDepositsEstimated costAcquirer
Bank of CambriaCambriaDecember 1, 1936$317,000
Friendship State BankFriendshipDecember 7, 1935$147,000$125,000
Bank of LindenLindenNovember 27, 1935$224,000$188,000
State Bank of SuamicoSuamicoJune 24, 1935$161,000$128,000
Anchor State BankWest MilwaukeeJune 4, 1935$891,000$718,000
Farmers & Traders BankPorterfieldOctober 11, 1934$46,000$32,000

All bank failures in 1934 · All bank failures in Wisconsin · 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.