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Bank failure · MO

Brazeau Bank (Brazeau, MO) — failed January 22, 1951

Brazeau Bank of Brazeau, Missouri was closed on January 22, 1951 and resolved through a p&a. 0 (0) took over its insured deposits. At failure it held $144K in assets and $148K in deposits.

Closing date
January 22, 1951
Resolution
P&A (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1951

What happens when a bank fails