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Bank failure · NY

Banco Di Napoli Trust Co. of New York (New York, NY) — failed December 11, 1941

Banco Di Napoli Trust Co. of New York of New York, New York was closed on December 11, 1941 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $13.8M in assets and $11.0M in deposits.

Closing date
December 11, 1941
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1941

What happens when a bank fails