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Bank failure · TX

The First National Bank of Marlin (Marlin, TX) — failed March 10, 1964

The First National Bank of Marlin of Marlin, Texas was closed on March 10, 1964 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $3.7M in assets and $3.5M in deposits.

Closing date
March 10, 1964
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1964

What happens when a bank fails