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Bank failure · NE

The First National Bank of Pender (Pender, NE) — failed June 29, 1935

The First National Bank of Pender of Pender, Nebraska was closed on June 29, 1935 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $301K in assets and $195K in deposits.

Closing date
June 29, 1935
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1935

What happens when a bank fails