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Bank failure · AR

Bank of Dierks (Dierks, AR) — failed September 2, 1952

Bank of Dierks of Dierks, Arkansas was closed on September 2, 1952 and resolved through a p&a. 0 (0) took over its insured deposits. At failure it held $520K in assets and $583K in deposits.

Closing date
September 2, 1952
Resolution
P&A (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1952

What happens when a bank fails