Data / Bank failures / 1964 / The State Savings Bank of Minden City
The State Savings Bank of Minden City, Minden City, MI: failed March 17, 1964
The State Savings Bank of Minden City in Minden City, Michigan, failed on March 17, 1964. It held $1.3 million in assets and $1.2 million in deposits at its last report. By assets it was the 5th largest of 7 banks closed or assisted in 1964.
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The FDIC's record
- Closed
- March 17, 1964
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $1,310,000
- Total deposits
- $1,233,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
Other bank failures in Michigan, 1962 to 1966
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Public Bank | Detroit | October 12, 1966 | $110.1 million | $93 million |
All bank failures in 1964 · 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.