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Data / Bank failures / 1938 / Winooski Savings Bank

Winooski Savings Bank, Winooski, VT: failed July 28, 1938

Winooski Savings Bank in Winooski, Vermont, failed on July 28, 1938. It held $4 million in assets and $2.5 million in deposits at its last report. By assets it was the largest of 74 banks closed or assisted in 1938.

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The FDIC's record

Closed
July 28, 1938
Type
Failure
How it was resolved
Payout: the FDIC paid insured depositors directly
Total assets
$4,008,000
Total deposits
$2,479,000
Insurance fund
FDIC

The FDIC record

Other bank failures in Vermont, 1936 to 1940

BankCityClosedAssetsDepositsEstimated costAcquirer
Hartford Savings Bank and Trust CompanyWhite River JunctionMarch 9, 1940$352,000

All bank failures in 1938 · All bank failures in Vermont · 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.