East Prairie Bank - East Prairie, MO

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: November 29, 1930
Location: East Prairie, Missouri (36.780, -89.386)

Metadata

Model: gpt-5-mini
Short Digest: 96620a00

Response Measures

None

Description

Article (Dec 1, 1930) reports the East Prairie Bank was closed and placed in the hands of the State Finance Department. No run is mentioned; the closure appears to be a government-ordered suspension leading to permanent closure/receivership. The article gives deposit size but no reason for closing.

Events (2)

1. November 29, 1930 Receivership

Newspaper Excerpt: placed in hands of the State Finance department
Source: newspapers

2. November 29, 1930 Suspension

Cause: Government Action
Cause Details: Closed and placed in hands of the State Finance Department; article gives no reason
Newspaper Excerpt: Two Southeast Missouri Banks Close Their Doors... were closed Saturday and placed in hands of the State Finance department
Source: newspapers

Newspaper Articles (1)

1. December 1, 1930 Paragould Soliphone Paragould, AR

Article from Paragould Soliphone, December 1, 1930

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Article Text

Two Southeast Missouri Banks Close Their Doors Poplar Dec southeast Missouri banks were closed Saturday and placed in hands of the State Finance department They were the new East Prairie bank East Prairie and the Portageville bank Portageville. The former bank had $145,244 deposits and the latter Public funds on deposit the two banks totaled about No reason for closing was given.