Bank of Ozark - Ozark, MO

Bank Information

Episode Type: Suspension → Reopening
Bank Type: state
Start Date: January 26, 1933
Location: Ozark, Missouri (37.021, -93.206)

Metadata

Model: gpt-5-mini
Short Digest: e97f7871

Response Measures

None

Description

Article (dated 1933-02-09) reports the Bank of Ozark 'closed two weeks ago under 30-day moratorium' and that management is obtaining depositor agreements to permit a reopening similar to the Bank of Nixa. No run is mentioned; suspension appears voluntary/administrative under the 30-day rule with intent to reopen.

Events (2)

1. January 26, 1933 Suspension

Cause Details: Closed under a 30-day moratorium (depositor agreement being sought to permit reopening).
Newspaper Excerpt: Russell, cashier of the Bank Ozark, which closed two weeks ago under 30-day moratorium
Source: newspapers

2. February 9, 1933 Other

Newspaper Excerpt: reports encouraging progress being made in getting depositors to sign the depositor's agreement... hopes to be able to announce reopening date shortly after that time.
Source: newspapers

Newspaper Articles (1)

1. February 9, 1933 Christian County Republican Ozark, MO

Article from Christian County Republican, February 9, 1933

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Article Text

RUSSELL REPORTS PROGRESS BEING MADE Russell, cashier of the Bank Ozark, which closed two weeks ago under 30-day moratorium, reports encouraging progress being made in getting depositors to sign the depositor's agreement. success continues during the next two weeks, in proportion to the last two weeks, Mr. Russell hopes to be able to announce reopening date shortly after that time. The Bank of Ozark is using the same plan to perfect reopening which has been successful in reopenthe Bank of Nixa.