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Bank failure · MO

Bank of Gray Summit (Gray Summit, MO) — failed April 7, 1966

Bank of Gray Summit of Gray Summit, Missouri was closed on April 7, 1966 and resolved through a p&a. 0 (0) took over its insured deposits. At failure it held $1.9M in assets and $1.8M in deposits.

Closing date
April 7, 1966
Resolution
P&A (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1966

What happens when a bank fails