Bank failure · WI

American City Bank & Trust Company, N.A. (Milwaukee, WI) — failed October 21, 1975

American City Bank & Trust Company, N.A. of Milwaukee, Wisconsin was closed on October 21, 1975 and resolved through a p&a. 0 (0) took over its insured deposits. At failure it held $147.6M in assets and $98.3M in deposits.

Closing date: October 21, 1975
FDIC certificate #: 6203
Resolution: P&A (failure)
Acquiring institution: 0
Insurance fund: FDIC

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What happens when a bank fails