Bank failure · TX
Farmers State Bank in Merkel (Merkel, TX) — failed February 3, 1939
Farmers State Bank in Merkel of Merkel, Texas was closed on February 3, 1939 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $183K in assets and $131K in deposits.
- Closing date
- February 3, 1939
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC
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