COMMERCIAL BANK & TRUST COMPANY Failed 1937

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

What happened

COMMERCIAL BANK & TRUST COMPANY of UNION CITY, IN was closed on 1937-11-04. 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
170
FDIC FIN
0
Bank name
COMMERCIAL BANK & TRUST COMPANY
Location
UNION CITY, IN
Failure date
1937-11-04
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
PO
Deposits at failure
$1M
Assets at failure
$1M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions