TellerScore

Bank failure · NJ

D'Auria Bank & Trust Company (Newark, NJ) — failed July 15, 1936

D'Auria Bank & Trust Company of Newark, New Jersey was closed on July 15, 1936 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $1.2M in assets and $1.1M in deposits.

Closing date
July 15, 1936
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1936

What happens when a bank fails