Bank failure · IA
The Sheldon National Bank (Sheldon, IA) — failed January 16, 1961
The Sheldon National Bank of Sheldon, Iowa was closed on January 16, 1961 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $4.4M in assets and $3.9M in deposits.
- Closing date
- January 16, 1961
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC