Data / Bank failures / 1954
US bank failures in 1954: 2 banks closed
2 banks failed in 1954, holding $1.1 million in assets and $990,000 in deposits. The FDIC estimates the cost to its insurance fund at $0. The largest: Bank of Whitesville ($1 million), Bank of Ila ($98,000). Most by state: KY 1, GA 1.
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Every failure, newest first
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Bank of Whitesville | Whitesville | KY | October 1, 1954 | $1 million | $930,000 | ||
| Bank of Ila | Ila | GA | August 9, 1954 | $98,000 | $60,000 |
Other years
- 2026 4
- 2025 2
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- 2016 5
- 2015 8
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- 1968 3
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- 1948 3
- 1947 5
- 1946 1
- 1945 1
- 1944 2
- 1943 5
- 1942 20
- 1941 15
- 1940 43
- 1939 60
- 1938 74
- 1937 75
- 1936 69
- 1935 25
- 1934 9
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.