TellerScore

Bank failure · TN

Clifton State Bank (Clifton, TN) — failed March 27, 1936

Clifton State Bank of Clifton, Tennessee was closed on March 27, 1936 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $30K in assets and $22K in deposits.

Closing date
March 27, 1936
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1936

What happens when a bank fails