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Bank failure · WI

Lyons State Bank (Lyons, WI) — failed December 6, 1947

Lyons State Bank of Lyons, Wisconsin was closed on December 6, 1947 and resolved through a p&a. 0 (0) took over its insured deposits. At failure it held $874K in assets and $804K in deposits.

Closing date
December 6, 1947
Resolution
P&A (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1947

What happens when a bank fails