TellerScore

Bank failure · NY

The Southampton Bank (Southampton, NY) — failed June 8, 1940

The Southampton Bank of Southampton, New York was closed on June 8, 1940 and resolved through a p&a. 0 (0) took over its insured deposits.

Closing date
June 8, 1940
Resolution
P&A (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1940

What happens when a bank fails