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Data / Bank failures / 1941

US bank failures in 1941: 15 banks closed

15 banks failed in 1941, holding $17.8 million in assets and $29.6 million in deposits. The FDIC estimates the cost to its insurance fund at $0. The largest: Banco Di Napoli Trust Co. of New York ($13.8 million), The Keswick National Bank of Glenside ($1.3 million), The First National Bank of Dodgeville ($941,000). Most by state: NY 5, PA 3, MI 1, WI 1, KS 1.

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.

Every failure, newest first

BankCityStateClosedAssetsDepositsEstimated costAcquirer
The Lamberton National Bank of FranklinFranklinPADecember 22, 1941$2.5 million
The Franklin Trust Co.FranklinPADecember 22, 1941$3.2 million
The ST. Charles State BankST. CharlesMIDecember 13, 1941$412,000
Banco Di Napoli Trust Co. of New YorkNew YorkNYDecember 11, 1941$13.8 million$11 million
The First National Bank of DodgevilleDodgevilleWINovember 29, 1941$941,000$907,000
The First National Bank of ForestvilleForestvilleNYNovember 1, 1941$328,000$303,000
Bank of Au Sable Forks, N.Y.Au Sable ForksNYSeptember 29, 1941$800,000
The Exchange State BankParsonsKSJune 23, 1941$455,000
Mutual Trust Co. of Westchester CountyPort ChesterNYApril 26, 1941$2.5 million
The First Nat BK & TR Co. of Port ChesterPort ChesterNYApril 26, 1941$5.2 million
The Keswick National Bank of GlensideGlensidePAApril 12, 1941$1.3 million$1.2 million
Bank of BaldwynBaldwynMSMarch 8, 1941$233,000$179,000
First State Bank & Trust Co. of IndianolaIndianolaILJanuary 29, 1941$195,000$165,000
The First National Bank of AnadarkoAnadarkoOKJanuary 17, 1941$822,000$725,000
Bank of JamestownJamestownMOJanuary 11, 1941$186,000$156,000

Other years

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.