PEOPLES BANK OF DONALDS Failed 1947

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

What happened

PEOPLES BANK OF DONALDS of DONALDS, SC was closed on 1947-11-29. 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
403
FDIC FIN
0
Bank name
PEOPLES BANK OF DONALDS
Location
DONALDS, SC
Failure date
1947-11-29
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
P&A
Deposits at failure
$1M
Assets at failure
$1M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions