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Bank failure · NY

Mutual Trust Co. of Westchester County (Port Chester, NY) — failed April 26, 1941

Mutual Trust Co. of Westchester County of Port Chester, New York was closed on April 26, 1941 and resolved through a p&a. 0 (0) took over its insured deposits.

Closing date
April 26, 1941
Resolution
P&A (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1941

What happens when a bank fails