Posted 2/21/2026 14:19 (#11559926 - in reply to #11559727) Subject: RE: Bank closed during the depression
So it looks like the words "Sound-Safe-Conservative" didn't hold true. Bank failures prior to FDR establishing FDIC insurance in 1933 for banks to cover depositors were a serious problem. One can only imagine how devastating it was to lose your life savings as the depression continued.
Bank closed during the depression
