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Bank failure · CA

San Francisco National Bank (San Francisco, CA) — failed January 22, 1965

San Francisco National Bank of San Francisco, California was closed on January 22, 1965 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $54.1M in assets and $40.2M in deposits.

Closing date
January 22, 1965
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1965

What happens when a bank fails