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Bank failure · NJ

Rahway Trust Company (Rahway, NJ) — failed March 11, 1939

Rahway Trust Company of Rahway, New Jersey was closed on March 11, 1939 and resolved through a p&a. 0 (0) took over its insured deposits.

Closing date
March 11, 1939
Resolution
P&A (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1939

What happens when a bank fails