Bank failure · GA
The Claxton State Bank (Claxton, GA) — failed July 20, 1940
The Claxton State Bank of Claxton, Georgia was closed on July 20, 1940 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $223K in assets and $162K in deposits.
- Closing date
- July 20, 1940
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC
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