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Bank failure · SC

Palmetto State Bank (Lake City, SC) — failed March 9, 1935

Palmetto State Bank of Lake City, South Carolina was closed on March 9, 1935 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $149K in assets and $136K in deposits.

Closing date
March 9, 1935
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

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