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Bank failure · OK

Guaranty State Bank (Clinton, OK) — failed April 4, 1935

Guaranty State Bank of Clinton, Oklahoma was closed on April 4, 1935 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $264K in assets and $176K in deposits.

Closing date
April 4, 1935
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1935

What happens when a bank fails