Bank failure · VA
The Farmers & Merchants State Bank (Fredericksburg, VA) — failed January 13, 1945
The Farmers & Merchants State Bank of Fredericksburg, Virginia was closed on January 13, 1945 and resolved through a p&a. 0 (0) took over its insured deposits. At failure it held $6.4M in assets and $5.7M in deposits.
- Closing date
- January 13, 1945
- Resolution
- P&A (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC