FIRST TRUST & DEPOSIT COMPANY Failed 1940

SYRACUSE, NY · State commercial bank, Federal Reserve member · view on FDIC BankFind ↗

What happened

FIRST TRUST & DEPOSIT COMPANY of SYRACUSE, NY was closed on 1940-04-06. 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
327
FDIC FIN
0
Bank name
FIRST TRUST & DEPOSIT COMPANY
Location
SYRACUSE, NY
Failure date
1940-04-06
Charter type
State commercial bank, Federal Reserve member
Resolution type
P&A
Deposits at failure
$48M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions