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Bank failure · GA

Bank of Grantville (Grantville, GA) — failed July 20, 1935

Bank of Grantville of Grantville, Georgia was closed on July 20, 1935 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $91K in assets and $48K in deposits.

Closing date
July 20, 1935
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1935

What happens when a bank fails