Bank failure · WV
Kermit State Bank (Kermit, WV) — failed November 1, 1938
Kermit State Bank of Kermit, West Virginia was closed on November 1, 1938 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $120K in assets and $67K in deposits.
- Closing date
- November 1, 1938
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC
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