TellerScore

Bank failure · AL

Southern National Bank (Birmingham, AL) — failed June 14, 1979

Southern National Bank of Birmingham, Alabama was closed on June 14, 1979 and resolved through a p&a. 0 (0) took over its insured deposits. At failure it held $32.6M in assets and $24.0M in deposits.

Closing date
June 14, 1979
FDIC certificate #
22102
Resolution
P&A (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1979

What happens when a bank fails