TellerScore

Bank failure · CA

The American Nat Bk of Santa Monica (Santa Monica, CA) — failed December 4, 1940

The American Nat Bk of Santa Monica of Santa Monica, California was closed on December 4, 1940 and resolved through a p&a. 0 (0) took over its insured deposits.

Closing date
December 4, 1940
Resolution
P&A (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1940

What happens when a bank fails