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Data / Bank failures / 1963

US bank failures in 1963: 2 banks closed

2 banks failed in 1963, holding $26.2 million in assets and $23.4 million in deposits. The FDIC estimates the cost to its insurance fund at $0. The largest: Chatham Bank of Chicago ($19.1 million), The First Bank of Westmont ($7.1 million). Most by state: IL 2.

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
Chatham Bank of ChicagoChicagoILAugust 23, 1963$19.1 million$16.8 million
The First Bank of WestmontWestmontILMay 24, 1963$7.1 million$6.7 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.