TellerScore

Bank failure · IN

The Romney Bank (Romney, IN) — failed June 15, 1937

The Romney Bank of Romney, Indiana was closed on June 15, 1937 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $64K in assets and $56K in deposits.

Closing date
June 15, 1937
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1937

What happens when a bank fails