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Bank failure · NY

The Fort Greene National Bank in New York (Brooklyn, NY) — failed August 14, 1937

The Fort Greene National Bank in New York of Brooklyn, New York was closed on August 14, 1937 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $2.4M in assets and $2.0M in deposits.

Closing date
August 14, 1937
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1937

What happens when a bank fails