Bank failure · MI
Bank of the Commonwealth (Detroit, MI) — failed January 18, 1972
Bank of the Commonwealth of Detroit, Michigan was closed on January 18, 1972 and resolved through a a/a. 0 (0) took over its insured deposits. At failure it held $1.3B in assets and — in deposits.
- Closing date
- January 18, 1972
- Resolution
- A/A (assistance)
- Acquiring institution
- 0
- Insurance fund
- FDIC