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Bank failure · NY

Franklin National Bank (New York, NY) — failed October 8, 1974

Franklin National Bank of New York, New York was closed on October 8, 1974 and resolved through a p&a. 0 (0) took over its insured deposits. At failure it held $3.7B in assets and $1.4B in deposits.

Closing date
October 8, 1974
FDIC certificate #
7060
Resolution
P&A (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1974

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