Bank failure · IL
First State Bank & Trust Co. of Indianola (Indianola, IL) — failed January 29, 1941
First State Bank & Trust Co. of Indianola of Indianola, Illinois was closed on January 29, 1941 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $195K in assets and $165K in deposits.
- Closing date
- January 29, 1941
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC
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