Bank failure · WI
Algoma Bank (Algoma, WI) — failed May 30, 1975
Algoma Bank of Algoma, Wisconsin was closed on May 30, 1975 and resolved through a p&a. 0 (0) took over its insured deposits. At failure it held $5.2M in assets and $4.8M in deposits.
- Closing date
- May 30, 1975
- FDIC certificate #
- 15154
- Resolution
- P&A (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC
Other failures in 1975
- The First State Bank of Jennings KS
- The Peoples Bank AZ
- The Peoples Bank of the Virgin Islands VI
- American City Bank & Trust Company, N.A. WI
- Astro Bank TX
- State Bank of Clearing IL
- Bank of Chidester AR
- Bank of Picayune MS
- Chicopee Bank & Trust Company MA
- Franklin Bank TX
- Northern Ohio Bank OH
- Swope Parkway National Bank MO