TellerScore

Bank failure · KY

Peoples Bank (Franklinton, KY) — failed March 2, 1936

Peoples Bank of Franklinton, Kentucky was closed on March 2, 1936 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $93K in assets and $75K in deposits.

Closing date
March 2, 1936
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1936

What happens when a bank fails