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Data / Bank failures / 1958

US bank failures in 1958: 4 banks closed

4 banks failed in 1958, holding $8.9 million in assets and $8.2 million in deposits. The FDIC estimates the cost to its insurance fund at $0. The largest: The Rushville Banking Company ($4.5 million), The Manufacturers' Bank of Edgewater ($2.4 million), The First National Bank of Halfway ($1.4 million). Most by state: NJ 1, OH 1, TX 1, OR 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 Manufacturers' Bank of EdgewaterEdgewaterNJJuly 17, 1958$2.4 million$2.2 million
The Rushville Banking CompanyRushvilleOHMay 26, 1958$4.5 million$4.1 million
Peoples State BankRichland SpringsTXMay 5, 1958$618,000$574,000
The First National Bank of HalfwayHalfwayORMarch 17, 1958$1.4 million$1.4 million

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.