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Bank failure · NY

The Citizens National Bank of Freeport (Freeport, NY) — failed March 7, 1942

The Citizens National Bank of Freeport of Freeport, New York was closed on March 7, 1942 and resolved through a p&a. 0 (0) took over its insured deposits.

Closing date
March 7, 1942
Resolution
P&A (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1942

What happens when a bank fails