Bank failure · MO
The Farmers & Merchants Bank (Madison, MO) — failed August 18, 1938
The Farmers & Merchants Bank of Madison, Missouri was closed on August 18, 1938 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $119K in assets and $95K in deposits.
- Closing date
- August 18, 1938
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC
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