Bank failure · SD
First State Bank (Wilmot, SD) — failed September 29, 1938
First State Bank of Wilmot, South Dakota was closed on September 29, 1938 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $165K in assets and $112K in deposits.
- Closing date
- September 29, 1938
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC
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