Data / Bank failures / 1938 / The Trout Creek State Bank
The Trout Creek State Bank, Trout Creek, MI: failed January 28, 1938
The Trout Creek State Bank in Trout Creek, Michigan, failed on January 28, 1938. It held $46,000 in assets and $22,000 in deposits at its last report. By assets it was the 49th largest of 74 banks closed or assisted in 1938.
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The FDIC's record
- Closed
- January 28, 1938
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $46,000
- Total deposits
- $22,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
Other bank failures in Michigan, 1936 to 1940
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| The State Bank of Marcellus | Marcellus | June 17, 1937 | $95,000 | $64,000 | ||
| The First National Bank & Trust Co. | Ann Arbor | February 15, 1936 | $1.7 million | |||
| The Ann Arbor Savings Bank | Ann Arbor | February 15, 1936 | $6.8 million | |||
| Farmers & Mechanics Bank | Ann Arbor | February 15, 1936 | $3.7 million |
All bank failures in 1938 · 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.