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Bank failure · IN

Scottsburg State Bank (Scottsburg, IN) — failed December 5, 1936

Scottsburg State Bank of Scottsburg, Indiana was closed on December 5, 1936 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $563K in assets and $491K in deposits.

Closing date
December 5, 1936
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1936

What happens when a bank fails