FIRST BANK OF FLAXTON Failed 1938

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

What happened

FIRST BANK OF FLAXTON of FLAXTON, ND was closed on 1938-08-31. 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
235
FDIC FIN
0
Bank name
FIRST BANK OF FLAXTON
Location
FLAXTON, ND
Failure date
1938-08-31
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