TellerScore

Bank failure · MO

First Community State Bank of Savannah (Savannah, MO) — failed December 30, 1971

First Community State Bank of Savannah of Savannah, Missouri was closed on December 30, 1971 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $3.7M in assets and $3.5M in deposits.

Closing date
December 30, 1971
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1971

What happens when a bank fails