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Bank failure · GA

The Farmers Bank (Royston, GA) — failed May 2, 1935

The Farmers Bank of Royston, Georgia was closed on May 2, 1935 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $166K in assets and $108K in deposits.

Closing date
May 2, 1935
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1935

What happens when a bank fails