TellerScore

Bank failure · TX

Union State Bank and Trust Company (Bryan, TX) — failed June 16, 1937

Union State Bank and Trust Company of Bryan, Texas was closed on June 16, 1937 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $359K in assets and $302K in deposits.

Closing date
June 16, 1937
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1937

What happens when a bank fails