Bank failure · MA
Surety Bank and Trust Company (Wakefield, MA) — failed May 27, 1972
Surety Bank and Trust Company of Wakefield, Massachusetts was closed on May 27, 1972 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $22.1M in assets and $20.4M in deposits.
- Closing date
- May 27, 1972
- FDIC certificate #
- 18365
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC