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Bank failure · CO

The Briggsdale State Bank (Briggsdale, CO) — failed February 10, 1938

The Briggsdale State Bank of Briggsdale, Colorado was closed on February 10, 1938 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $14K in assets and $8K in deposits.

Closing date
February 10, 1938
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1938

What happens when a bank fails