TellerScore

Bank failure · MO

Fayette Bank (Fayette, MO) — failed November 3, 1938

Fayette Bank of Fayette, Missouri was closed on November 3, 1938 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $348K in assets and $303K in deposits.

Closing date
November 3, 1938
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1938

What happens when a bank fails