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Bank failure · GA

The Bank of Leslie (Leslie, GA) — failed September 18, 1940

The Bank of Leslie of Leslie, Georgia was closed on September 18, 1940 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $141K in assets and $113K in deposits.

Closing date
September 18, 1940
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1940

What happens when a bank fails