New East Prairie Bank - East Prairie, MO

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: December 1, 1930
Location: East Prairie, Missouri (36.780, -89.386)

Metadata

Model: gpt-5-mini
Short Digest: 1a2a97e4

Response Measures

None

Description

Article (Dec 1, 1930) reports New East Prairie Bank 'closed' and affairs turned over to state bank examiners. OCR errors in article text corrected (e.g., 'East Mis[sissippi] county'). No mention of a depositor run; closure appears to be by state action and permanent.

Events (2)

1. December 1, 1930 Receivership

Newspaper Excerpt: turn over the affairs to state bank examiners
Source: newspapers

2. December 1, 1930 Suspension

Cause: Government Action
Cause Details: Bank closed and affairs turned over to state bank examiners by state authorities; reported as closed by board/finance department.
Newspaper Excerpt: the New East Prairie bank of East Mississippi county closed with deposits of $201,606
Source: newspapers

Newspaper Articles (1)

1. December 1, 1930 The Asheville Times Asheville, NC

Article from The Asheville Times, December 1, 1930

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Article Text

THREE BANKS CLOSE DOORS IN MISSOURI turn over the affairs to state bank examiners The Portageville bank, of New Madrid county. closed with deposits of $161,888 and the New East Prairie bank-of East MisJEFFERSON CITY. Mo., Dec. 1sissippi county. closed with deposits of directors. The bank had loans of (UP)-Two state banks reported to of $201 606, capital stock of surthe finance department today they The Knox County Savings bank of had closed their doors and wished to plus 398 of $10,000 and deposits of $276,Edina was closed Friday by its board