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Bank failure · LA

Amite River Bank (Denham Springs, LA) — failed June 23, 1937

Amite River Bank of Denham Springs, Louisiana was closed on June 23, 1937 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $308K in assets and $248K in deposits.

Closing date
June 23, 1937
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1937

What happens when a bank fails