Bank failure · SD
Badger State Bank (Badger, SD) — failed August 3, 1940
Badger State Bank of Badger, South Dakota was closed on August 3, 1940 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $74K in assets and $53K in deposits.
- Closing date
- August 3, 1940
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC
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