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Bank failure · WI

State Bank of Suamico (Suamico, WI) — failed June 24, 1935

State Bank of Suamico of Suamico, Wisconsin was closed on June 24, 1935 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $161K in assets and $128K in deposits.

Closing date
June 24, 1935
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1935

What happens when a bank fails