Bank Failures in 1953

2 FDIC-insured bank failures in 1953.

Bank Name	Location	Closing Date	Acquiring Institution	Assets	Deposits
FIRST STATE BANK OF ELMWOOD PARK	ELMWOOD PARK, IL	1953-05-26	—	$17.5M	$17.0M
MAYFIELD STATE BANK	MAYFIELD, PA	1953-02-13	—	$1.4M	$1.3M

Data Source

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