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Bank failure · WI

Farmers Bank (Lone Rock, WI) — failed October 2, 1942

Farmers Bank of Lone Rock, Wisconsin was closed on October 2, 1942 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $580K in assets and $537K in deposits.

Closing date
October 2, 1942
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1942

What happens when a bank fails