Bank failure · WI

Farmers & Traders Bank (Porterfield, WI) — failed October 11, 1934

Farmers & Traders Bank of Porterfield, Wisconsin was closed on October 11, 1934 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $46K in assets and $32K in deposits.

Closing date: October 11, 1934
Resolution: Payout (deposit payoff) (failure)
Acquiring institution: 0
Insurance fund: FDIC

Other failures in 1934

The State Bank WI
Pickens County Bank GA
Farmers State Bank of Bongards MN
Bank of Lewisport KY
First National Bank of Lima MT
Florence Deposit Bank IN
Fon Du Lac State Bank IL
Bank of America Trust Co. PA

What happens when a bank fails