TellerScore

Bank failure · AL

First Bank of Macon County (Notasulga, AL) — failed January 26, 1978

First Bank of Macon County of Notasulga, Alabama was closed on January 26, 1978 and resolved through a p&a. 0 (0) took over its insured deposits. At failure it held $4.5M in assets and $3.8M in deposits.

Closing date
January 26, 1978
FDIC certificate #
1733
Resolution
P&A (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1978

What happens when a bank fails