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Bank failure · ND

First International Bank (Noonan, ND) — failed April 3, 1937

First International Bank of Noonan, North Dakota was closed on April 3, 1937 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $192K in assets and $139K in deposits.

Closing date
April 3, 1937
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1937

What happens when a bank fails