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Bank failure · MA

The National City Bank of Lynn (Lynn, MA) — failed December 3, 1938

The National City Bank of Lynn of Lynn, Massachusetts was closed on December 3, 1938 and resolved through a p&a. 0 (0) took over its insured deposits.

Closing date
December 3, 1938
Resolution
P&A (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1938

What happens when a bank fails