FDIC Records

Bank Failures in 1971

7 FDIC-insured bank failures in 1971.

Bank Name	Location	Closing Date	Acquiring Institution	Assets	Deposits
FIRST COMMUNITY STATE BANK OF SAVANNAH	SAVANNAH, MO	1971-12-30	—	$3.7M	$3.5M
THE FIRST NATIONAL BANK OF CRIPPLE CREEK	CRIPPLE CREEK, CO	1971-11-30	—	$1.3M	$1.2M
UNITY BANK & TRUST COMPANY	BOSTON (ROXBURY), MA	1971-07-27	—	—	$9.3M
BANK OF SALEM	SALEM, NE	1971-04-05	—	$679.0K	$606.0K
FARMERS STATE BANK OF CARLOCK	CARLOCK, IL	1971-02-17	—	$2.2M	$2.1M
BIRMINGHAM-BLOOMFIELD BANK	BIRMINGHAM, MI	1971-02-16	—	$109.7M	$57.5M
SHARPSTOWN STATE BANK	HOUSTON, TX	1971-01-25	—	$78.9M	$66.8M

Data Source

Data sourced from the FDIC Failed Bank List as of March 2026.