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Bank failure · AL

Thomasville Bank and Trust Co. (Thomasville, AL) — failed January 21, 1952

Thomasville Bank and Trust Co. of Thomasville, Alabama was closed on January 21, 1952 and resolved through a p&a. 0 (0) took over its insured deposits. At failure it held $1.0M in assets and $1.8M in deposits.

Closing date
January 21, 1952
Resolution
P&A (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1952

What happens when a bank fails