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Bank failure · TN

Maynardville State Bank (Maynardville, TN) — failed December 11, 1939

Maynardville State Bank of Maynardville, Tennessee was closed on December 11, 1939 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $218K in assets and $186K in deposits.

Closing date
December 11, 1939
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1939

What happens when a bank fails