TellerScore

Bank failure · MI

Lennon State Bank (Lennon, MI) — failed November 26, 1935

Lennon State Bank of Lennon, Michigan was closed on November 26, 1935 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $79K in assets and $74K in deposits.

Closing date
November 26, 1935
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1935

What happens when a bank fails