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Bank failure · MO

The Citizens State Bank of Niangua (Niangua, MO) — failed January 12, 1940

The Citizens State Bank of Niangua of Niangua, Missouri was closed on January 12, 1940 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $143K in assets and $119K in deposits.

Closing date
January 12, 1940
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1940

What happens when a bank fails