STATE BANK OF MUNDELEIN Failed 1937

MUNDELEIN, IL · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

STATE BANK OF MUNDELEIN of MUNDELEIN, IL was closed on 1937-10-18. The FDIC was named receiver.

Resolution: P&A

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

Key facts

FDIC ID
160
FDIC FIN
0
Bank name
STATE BANK OF MUNDELEIN
Location
MUNDELEIN, IL
Failure date
1937-10-18
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
P&A
Deposits at failure
$1M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions