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Bank failure · MO

The Citizens Bank of Liberty (Liberty, MO) — failed November 18, 1942

The Citizens Bank of Liberty of Liberty, Missouri was closed on November 18, 1942 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $258K in assets and $206K in deposits.

Closing date
November 18, 1942
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1942

What happens when a bank fails