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Bank failure · FL

Central National Bank of Jacksonville (Jacksonville, FL) — failed May 27, 1968

Central National Bank of Jacksonville of Jacksonville, Florida was closed on May 27, 1968 and resolved through a p&a. 0 (0) took over its insured deposits. At failure it held $13.4M in assets and $11.8M in deposits.

Closing date
May 27, 1968
Resolution
P&A (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1968

What happens when a bank fails