Bank failure · AL
Watkins Banking Company (Faunsdale, AL) — failed July 21, 1978
Watkins Banking Company of Faunsdale, Alabama was closed on July 21, 1978 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $1.7M in assets and $1.3M in deposits.
- Closing date
- July 21, 1978
- FDIC certificate #
- 856
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC