PALMETTO STATE BANK Failed 1935

LAKE CITY, SC · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

PALMETTO STATE BANK of LAKE CITY, SC was closed on 1935-03-09. The FDIC was named receiver.

Resolution: PO

Deposits were transferred to 0 (0, 0). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
12
FDIC FIN
0
Bank name
PALMETTO STATE BANK
Location
LAKE CITY, SC
Failure date
1935-03-09
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
PO
Deposits at failure
$0M
Assets at failure
$0M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions