TellerScore

Bank failure · IN

Citizens State Bank (Palmyra, IN) — failed December 5, 1936

Citizens State Bank of Palmyra, Indiana was closed on December 5, 1936 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $350K in assets and $297K in deposits.

Closing date
December 5, 1936
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1936

What happens when a bank fails