TellerScore

Bank failure · NY

The Saranac Lake National Bank (Saranac Lake, NY) — failed September 24, 1938

The Saranac Lake National Bank of Saranac Lake, New York was closed on September 24, 1938 and resolved through a p&a. 0 (0) took over its insured deposits.

Closing date
September 24, 1938
Resolution
P&A (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1938

What happens when a bank fails