THE BANK OF AURORA Failed 1950

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

What happened

THE BANK OF AURORA of AURORA, NC was closed on 1950-07-24. 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
413
FDIC FIN
0
Bank name
THE BANK OF AURORA
Location
AURORA, NC
Failure date
1950-07-24
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