Bank Failure
CITIZENS STATE BANK OF ANDOVER
Closed May 17, 1938 · ANDOVER, SD.
- Closing date
- May 17, 1938
- Headquarters
- ANDOVER, SD
- Total assets at closing
- $78,000
- Total deposits at closing
- $48,000
- Resolution type
- other
Context
On May 17, 1938, regulators closed CITIZENS STATE BANK OF ANDOVER, headquartered in ANDOVER, SD. At closing, the institution held approximately $78,000 in assets and $48,000 in deposits. The FDIC resolved the institution without a single-acquirer transaction.
Source: FDIC Failed Banks list. Asset and deposit values reflect the most recent regulatory filing prior to closing.
Other failures in 1938
| Date | Bank | HQ | Assets |
|---|---|---|---|
| 1938-12-31 | THE HARFORD BANK | BEL AIR, MD | $893,000 |
| 1938-12-31 | FARMERS STATE BANK | CANTON, WI | $51,000 |
| 1938-12-21 | FARMERS STATE BANK OF LONDON | LONDON, KY | $355,000 |
| 1938-12-17 | BOILING SPRINGS STATE BANK | BOILING SPRINGS, PA | — |
| 1938-12-14 | COLEMAN STATE BANK | COLEMAN, WI | — |
| 1938-12-03 | THE NATIONAL CITY BANK OF LYNN | LYNN, MA | — |
| 1938-11-26 | THE BANK OF CUBA | CUBA, AL | $89,000 |
| 1938-11-26 | FARMERS STATE BANK OF ANAMOOSE | ANAMOOSE, ND | $62,000 |
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