Bank failure · SD
Bank of Highmore (Drew Bros.) (Highmore, SD) — failed August 16, 1938
Bank of Highmore (Drew Bros.) of Highmore, South Dakota was closed on August 16, 1938 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $109K in assets and $79K in deposits.
- Closing date
- August 16, 1938
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC
Other failures in 1938
- The Harford Bank MD
- Farmers State Bank WI
- Farmers State Bank of London KY
- Boiling Springs State Bank PA
- Coleman State Bank WI
- The National City Bank of Lynn MA
- The First National Bank of Roosevelt NY
- Farmers State Bank of Anamoose ND
- The Bank of Cuba AL
- Bank of Bellflower MO
- Fayette Bank MO
- Kermit State Bank WV
- Bank of Eton GA
- Bank of Lockport KY
- First State Bank SD
- Stockmens State Bank ND
- The Saranac Lake National Bank NY
- First State Bank MN
- Jerauld County Bank SD
- First Bank of Flaxton ND
- Hitchcock State Bank SD
- Home Bank & Trust Company TN
- The Farmers & Merchants Bank MO
- State Bank of Rice Lake WI