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Bank failure · PA

The First National Bank of Bally (Bally, PA) — failed April 27, 1940

The First National Bank of Bally of Bally, Pennsylvania was closed on April 27, 1940 and resolved through a p&a. 0 (0) took over its insured deposits.

Closing date
April 27, 1940
Resolution
P&A (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1940

What happens when a bank fails