THE FIRST BANK OF WESTMONT Failed 1963

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

What happened

THE FIRST BANK OF WESTMONT of WESTMONT, IL was closed on 1963-05-24. 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
447
FDIC FIN
0
Bank name
THE FIRST BANK OF WESTMONT
Location
WESTMONT, IL
Failure date
1963-05-24
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
PO
Deposits at failure
$7M
Assets at failure
$7M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions