TellerScore

Bank failure · MS

Merchants and Farmers Bank (Starkville, MS) — failed February 17, 1936

Merchants and Farmers Bank of Starkville, Mississippi was closed on February 17, 1936 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $213K in assets and $142K in deposits.

Closing date
February 17, 1936
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1936

What happens when a bank fails