TellerScore

Bank failure · KY

Ghent Deposit Bank (Ghent, KY) — failed June 26, 1937

Ghent Deposit Bank of Ghent, Kentucky was closed on June 26, 1937 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $223K in assets and $189K in deposits.

Closing date
June 26, 1937
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1937

What happens when a bank fails