Bank failure · MO
Bank of Magnolia (Magnolia, MO) — failed August 14, 1936
Bank of Magnolia of Magnolia, Missouri was closed on August 14, 1936 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $70K in assets and $58K in deposits.
- Closing date
- August 14, 1936
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC
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