Bank failure · ND
The First State Bank of Lignite (Lignite, ND) — failed December 12, 1936
The First State Bank of Lignite of Lignite, North Dakota was closed on December 12, 1936 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $83K in assets and $46K in deposits.
- Closing date
- December 12, 1936
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC
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