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Bank failure · PA

The First National Bank of Susquehanna (Susquehanna, PA) — failed May 27, 1944

The First National Bank of Susquehanna of Susquehanna, Pennsylvania was closed on May 27, 1944 and resolved through a p&a. 0 (0) took over its insured deposits. At failure it held $1.7M in assets and $1.5M in deposits.

Closing date
May 27, 1944
Resolution
P&A (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1944

What happens when a bank fails