Bank failure · TX
The First National Bank of Purdon (Purdon, TX) — failed February 12, 1938
The First National Bank of Purdon of Purdon, Texas was closed on February 12, 1938 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $63K in assets and $36K in deposits.
- Closing date
- February 12, 1938
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC
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