GUARANTEE TR & SAFE DEP. CO.-MT.CARMEL Failed 1942

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

What happened

GUARANTEE TR & SAFE DEP. CO.-MT.CARMEL of MT. CARMEL, PA was closed on 1942-11-28. 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
390
FDIC FIN
0
Bank name
GUARANTEE TR & SAFE DEP. CO.-MT.CARMEL
Location
MT. CARMEL, PA
Failure date
1942-11-28
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
P&A
Deposits at failure
$1M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions