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Bank failure · IL

First State Bank of O'Fallon (O'Fallon, IL) — failed August 28, 1939

First State Bank of O'Fallon of O'Fallon, Illinois was closed on August 28, 1939 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $50K in assets and $102K in deposits.

Closing date
August 28, 1939
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1939

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