THE WESTPHALIA STATE BANK Failed 1950

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

What happened

THE WESTPHALIA STATE BANK of WESTPHALIA, MI was closed on 1950-04-03. 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
412
FDIC FIN
0
Bank name
THE WESTPHALIA STATE BANK
Location
WESTPHALIA, MI
Failure date
1950-04-03
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