Bank failure · MI
Public Bank (Detroit, MI) — failed October 12, 1966
Public Bank of Detroit, Michigan was closed on October 12, 1966 and resolved through a p&a. 0 (0) took over its insured deposits. At failure it held $110.1M in assets and $93.0M in deposits.
- Closing date
- October 12, 1966
- Resolution
- P&A (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC