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Bank failure · MN

Farmers State Bank of Carlisle (Carlisle, MN) — failed October 7, 1937

Farmers State Bank of Carlisle of Carlisle, Minnesota was closed on October 7, 1937 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $99K in assets and $82K in deposits.

Closing date
October 7, 1937
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1937

What happens when a bank fails