Bank failure · NC
The Bank of Aurora (Aurora, NC) — failed July 24, 1950
The Bank of Aurora of Aurora, North Carolina was closed on July 24, 1950 and resolved through a p&a. 0 (0) took over its insured deposits. At failure it held $1.3M in assets and $991K in deposits.
- Closing date
- July 24, 1950
- Resolution
- P&A (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC