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Bank failure · ND

Farmers State Bank (Wyndmere, ND) — failed October 23, 1937

Farmers State Bank of Wyndmere, North Dakota was closed on October 23, 1937 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $100K in assets and $72K in deposits.

Closing date
October 23, 1937
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1937

What happens when a bank fails