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Bank failure · PA

Providence Bank (Scranton, PA) — failed January 17, 1942

Providence Bank of Scranton, Pennsylvania was closed on January 17, 1942 and resolved through a p&a. 0 (0) took over its insured deposits.

Closing date
January 17, 1942
Resolution
P&A (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1942

What happens when a bank fails