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Bank failure · MO

Community Bank (Smithton, MO) — failed June 5, 1936

Community Bank of Smithton, Missouri was closed on June 5, 1936 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $75K in assets and $50K in deposits.

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

Other failures in 1936

What happens when a bank fails