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Bank failure · IA

Donahue Savings Bank (Donahue, IA) — failed August 26, 1977

Donahue Savings Bank of Donahue, Iowa was closed on August 26, 1977 and resolved through a p&a. 0 (0) took over its insured deposits. At failure it held $5.5M in assets and $5.1M in deposits.

Closing date
August 26, 1977
FDIC certificate #
13914
Resolution
P&A (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1977

What happens when a bank fails