KANE TRUST AND SAVINGS BANK Failed 1940

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

What happened

KANE TRUST AND SAVINGS BANK of KANE, PA was closed on 1940-07-02. 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
342
FDIC FIN
0
Bank name
KANE TRUST AND SAVINGS BANK
Location
KANE, PA
Failure date
1940-07-02
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