BANK OF MARION Failed 1938

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

What happened

BANK OF MARION of MARION, AR was closed on 1938-02-07. 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
190
FDIC FIN
0
Bank name
BANK OF MARION
Location
MARION, AR
Failure date
1938-02-07
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