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Bank failure · PA

Kane Trust and Savings Bank (Kane, PA) — failed July 2, 1940

Kane Trust and Savings Bank of Kane, Pennsylvania was closed on July 2, 1940 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $915K in assets and $717K in deposits.

Closing date
July 2, 1940
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1940

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