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Bank failure · IL

Camden State Bank (Camden, IL) — failed May 5, 1952

Camden State Bank of Camden, Illinois was closed on May 5, 1952 and resolved through a p&a. 0 (0) took over its insured deposits. At failure it held $838K in assets and $817K in deposits.

Closing date
May 5, 1952
Resolution
P&A (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1952

What happens when a bank fails