Bank failure · MI
The State Bank of Marcellus (Marcellus, MI) — failed June 17, 1937
The State Bank of Marcellus of Marcellus, Michigan was closed on June 17, 1937 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $95K in assets and $64K in deposits.
- Closing date
- June 17, 1937
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC
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