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Bank failure · WI

The State Bank (Sauk City, WI) — failed November 16, 1934

The State Bank of Sauk City, Wisconsin was closed on November 16, 1934 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $195K in assets and $170K in deposits.

Closing date
November 16, 1934
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1934

What happens when a bank fails