BANK OF DRAPER Failed 1942

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

What happened

BANK OF DRAPER of DRAPER, NC was closed on 1942-02-06. 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
374
FDIC FIN
0
Bank name
BANK OF DRAPER
Location
DRAPER, NC
Failure date
1942-02-06
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