Bank failure · TN
Farmers & Merchants Bank (Adams, TN) — failed February 1, 1936
Farmers & Merchants Bank of Adams, Tennessee was closed on February 1, 1936 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $14K in assets and $5K in deposits.
- Closing date
- February 1, 1936
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC
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