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Bank failure · OR

The First National Bank of Halfway (Halfway, OR) — failed March 17, 1958

The First National Bank of Halfway of Halfway, Oregon was closed on March 17, 1958 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $1.4M in assets and $1.4M in deposits.

Closing date
March 17, 1958
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1958

What happens when a bank fails