Data / Bank failures / 1955
US bank failures in 1955: 5 banks closed
5 banks failed in 1955, holding $12 million in assets and $12 million in deposits. The FDIC estimates the cost to its insurance fund at $0. The largest: Frontier Trust Company ($6 million), Joshua Monument Nat Bank-Twentynine Palms ($3.1 million), Bank of North Idaho ($1.1 million). Most by state: ID 2, ME 1, CA 1, TX 1.
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Every failure, newest first
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Frontier Trust Company | Fort Fairfield | ME | October 3, 1955 | $6 million | $5.5 million | ||
| Joshua Monument Nat Bank-Twentynine Palms | Twentynine Palms | CA | July 25, 1955 | $3.1 million | $3.7 million | ||
| Bank of North Idaho | Priest River | ID | April 30, 1955 | $1.1 million | $983,000 | ||
| Rathdrum State Bank | Rathdrum | ID | April 30, 1955 | $1 million | $909,000 | ||
| First National Bank of Lewisville | Lewisville | TX | January 27, 1955 | $721,000 | $892,000 |
Other years
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- 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.