TellerScore

Bank failure · AL

The Bank of Cuba (Cuba, AL) — failed November 26, 1938

The Bank of Cuba of Cuba, Alabama was closed on November 26, 1938 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $89K in assets and $100K in deposits.

Closing date
November 26, 1938
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1938

What happens when a bank fails