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Data / Bank failures / 1961

US bank failures in 1961: 5 banks closed

5 banks failed in 1961, holding $9.8 million in assets and $8.8 million in deposits. The FDIC estimates the cost to its insurance fund at $0. The largest: The Sheldon National Bank ($4.4 million), First State Bank ($1.9 million), The First National Bank of Maud ($1.6 million). Most by state: OK 2, TX 1, GA 1, IA 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
First State BankPremontTXDecember 30, 1961$1.9 million$1.7 million
The First National Bank of MaudMaudOKDecember 19, 1961$1.6 million$1.5 million
Bank of OchlochneeOchlochneeGASeptember 7, 1961$984,000$872,000
Bank of EarlsboroEarlsboroOKAugust 11, 1961$962,000$902,000
The Sheldon National BankSheldonIAJanuary 16, 1961$4.4 million$3.9 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.