TellerScore

Bank failure · VA

Merchants' and Mechanics' Savings Bank of Norfolk (Norfolk, VA) — failed March 26, 1938

Merchants' and Mechanics' Savings Bank of Norfolk of Norfolk, Virginia was closed on March 26, 1938 and resolved through a p&a. 0 (0) took over its insured deposits.

Closing date
March 26, 1938
Resolution
P&A (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1938

What happens when a bank fails