TellerScore

Bank failure · IN

Commercial Bank & Trust Company (Union City, IN) — failed November 4, 1937

Commercial Bank & Trust Company of Union City, Indiana was closed on November 4, 1937 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $853K in assets and $733K in deposits.

Closing date
November 4, 1937
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1937

What happens when a bank fails