PEOPLES BANK & TRUST COMPANY Failed 1938

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

What happened

PEOPLES BANK & TRUST COMPANY of SPARTA, TN was closed on 1938-02-10. 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
192
FDIC FIN
0
Bank name
PEOPLES BANK & TRUST COMPANY
Location
SPARTA, TN
Failure date
1938-02-10
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
P&A
Deposits at failure
$0M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions