Bank failure · MI
The Peoples State Savings Bank (Auburn, MI) — failed April 18, 1970
The Peoples State Savings Bank of Auburn, Michigan was closed on April 18, 1970 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $10.9M in assets and $9.9M in deposits.
- Closing date
- April 18, 1970
- FDIC certificate #
- 14987
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC