7 FDIC-insured bank failures in 1971.
| Bank Name | Closing Date | Assets |
|---|---|---|
| FIRST COMMUNITY STATE BANK OF SAVANNAH | 1971-12-30 | $3.7M |
| THE FIRST NATIONAL BANK OF CRIPPLE CREEK | 1971-11-30 | $1.3M |
| UNITY BANK & TRUST COMPANY | 1971-07-27 | — |
| BANK OF SALEM | 1971-04-05 | $679.0K |
| FARMERS STATE BANK OF CARLOCK | 1971-02-17 | $2.2M |
| BIRMINGHAM-BLOOMFIELD BANK | 1971-02-16 | $109.7M |
| SHARPSTOWN STATE BANK | 1971-01-25 | $78.9M |
Data sourced from the FDIC Failed Bank List as of March 2026.