TellerScore

Bank failure · NE

Security State Bank (Lawrence, NE) — failed October 3, 1939

Security State Bank of Lawrence, Nebraska was closed on October 3, 1939 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $121K in assets and $96K in deposits.

Closing date
October 3, 1939
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1939

What happens when a bank fails