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Data / Bank failures / 1972

US bank failures in 1972: 1 bank closed

1 bank failed in 1972, holding $22.1 million in assets and $20.4 million in deposits. The FDIC estimates the cost to its insurance fund at $0. The FDIC also assisted 1 open bank without closing it. The largest: Surety Bank and Trust Company ($22.1 million). Most by state: MA 1, MI 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
Surety Bank and Trust CompanyWakefieldMAMay 27, 1972$22.1 million$20.4 million
Bank of the Commonwealth (assistance)DetroitMIJanuary 18, 1972$1.30 billion

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.