TellerScore

Bank failure · OK

The First National Bank of Maud (Maud, OK) — failed December 19, 1961

The First National Bank of Maud of Maud, Oklahoma was closed on December 19, 1961 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $1.6M in assets and $1.5M in deposits.

Closing date
December 19, 1961
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1961

What happens when a bank fails