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Bank failure · NY

First Citizens Bank & Trust Co. of Utica (Utica, NY) — failed September 14, 1940

First Citizens Bank & Trust Co. of Utica of Utica, New York was closed on September 14, 1940 and resolved through a p&a. 0 (0) took over its insured deposits.

Closing date
September 14, 1940
Resolution
P&A (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1940

What happens when a bank fails