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Bank failure · TX

The First National Bank of Lovelady (Lovelady, TX) — failed October 1, 1937

The First National Bank of Lovelady of Lovelady, Texas was closed on October 1, 1937 and resolved through a p&a. 0 (0) took over its insured deposits.

Closing date
October 1, 1937
Resolution
P&A (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1937

What happens when a bank fails