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Bank failure · NJ

The Swedesboro National Bank (Swedesboro, NJ) — failed March 16, 1940

The Swedesboro National Bank of Swedesboro, New Jersey was closed on March 16, 1940 and resolved through a p&a. 0 (0) took over its insured deposits.

Closing date
March 16, 1940
Resolution
P&A (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1940

What happens when a bank fails