TellerScore

Bank failure · WI

Farmer'S and Merchant'S Bank (Cochrane, WI) — failed July 6, 1942

Farmer'S and Merchant'S Bank of Cochrane, Wisconsin was closed on July 6, 1942 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $395K in assets and $325K in deposits.

Closing date
July 6, 1942
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1942

What happens when a bank fails