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Bank failure · CO

Saguache County National Bank (Saguache, CO) — failed March 17, 1966

Saguache County National Bank of Saguache, Colorado was closed on March 17, 1966 and resolved through a p&a. 0 (0) took over its insured deposits. At failure it held $512K in assets and $725K in deposits.

Closing date
March 17, 1966
Resolution
P&A (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1966

What happens when a bank fails