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Bank failure · ID

Bank of North Idaho (Priest River, ID) — failed April 30, 1955

Bank of North Idaho of Priest River, Idaho was closed on April 30, 1955 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $1.1M in assets and $983K in deposits.

Closing date
April 30, 1955
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1955

What happens when a bank fails