Bank failure · MN
Palisade State Bank (Palisade, MN) — failed January 21, 1942
Palisade State Bank of Palisade, Minnesota was closed on January 21, 1942 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $91K in assets and $88K in deposits.
- Closing date
- January 21, 1942
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC
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