Surety Bank and Trust Company was a state nonmember bank in Wakefield, MA. It failed on May 27, 1972, and its insured deposits were paid out. At its last report it held $22.1 million in assets.
Updated Oct 11, 2026
This bank failed
- Failed on
- May 27, 1972
- Assets
- $22.1M
- Deposits
- $20.4M
- Estimated cost
- Not known
- Deposits went to
- payout
Data is being prepared
The quarterly numbers of this bank appear here as soon as their first load is finished.
Facts
- Type
- State nonmember bank
- Head office
- 2 Smith Street, Wakefield, MA, 01880
- County
- Middlesex
- Established
- Dec 7, 1960
- Failed
- May 27, 1972
- Id
- b18365
Related pages
Questions and answers
When did Surety Bank and Trust Company fail?
May 27, 1972.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.