Bank Failure
THE BANK OF GALENA
Closed September 14, 1937 · GALENA, MO.
- Closing date
- September 14, 1937
- Headquarters
- GALENA, MO
- Total assets at closing
- $93,000
- Total deposits at closing
- $76,000
- Resolution type
- other
Context
On September 14, 1937, regulators closed THE BANK OF GALENA, headquartered in GALENA, MO. At closing, the institution held approximately $93,000 in assets and $76,000 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 1937
| Date | Bank | HQ | Assets |
|---|---|---|---|
| 1937-12-20 | FIRST NAT BK & TR CO. OF MANHASSET | MANHASSET, NY | — |
| 1937-12-17 | BIG FALLS STATE BANK | BIG FALLS, WI | $103,000 |
| 1937-12-02 | NEVADA TRUST COMPANY | NEVADA, MO | $242,000 |
| 1937-12-02 | PEOPLES UNITED BANK | SOUTHPORT, NC | — |
| 1937-11-30 | STERLING STATE BANK | STERLING, ND | $121,000 |
| 1937-11-27 | LOGANVILLE STATE BANK | LOGANVILLE, WI | — |
| 1937-11-24 | FIRST STATE BANK OF COBDEN | COBDEN, IL | — |
| 1937-11-19 | BANK OF SWIFTON | SWIFTON, AR | $208,000 |
Explore: all failures · MO bank events · 1937 events · events hub