Meramec Valley Bank - Valley Park, MO

Bank Information

Episode Type: Suspension → Reopening
Bank Type: state
Start Date: January 1, 1918*
Location: Valley Park, Missouri (38.549, -90.493)

Metadata

Model: gpt-5-mini
Short Digest: d37df167

Response Measures

None

Description

Article reports that the Valley Park Bank was closed by the State Bank Examiner and will be opened soon as the Meramec Valley Bank. No mention of depositor run. Closure was government action; reopening planned.

Events (2)

1. January 1, 1918* Reopening

Newspaper Excerpt: The bank to be known as the Meramec Valley Bank, will be opened soon, Richard Ralph, president, Chas. P. Scholl, cashier, with a paid-in capital of $10,000.
Source: newspapers

2. January 1, 1918* Suspension

Cause: Government Action
Cause Details: Closed by State Bank Examiner Claude A. Eaton (state banking authority).
Newspaper Excerpt: VALLEY PARK BANK CLOSED The Valley Park Bank, Valley Park, Mo., was closed last week by State Bank Examiner Claude A. Eaton, of St. Louis.
Source: newspapers

Newspaper Articles (1)

1. January 18, 1918 The Farmington Times Farmington, MO

Article from The Farmington Times, January 18, 1918

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Article Text

VALLEY PARK BANK CLOSED The Valley Park Bank, Valley Park, Mo., was closed last week by State Bank Examiner Claude A. Eaton, of St. Louis. Mr. Eaton's work as an examiner has been watched and favorably mentioned by a majority of the leading banks of this section. A unanimous petition from this county was filed with the Bank Commissioner as an unsolicited recognition of thoroughness. Mr. Eaton has been assigned work in the city of St. Louis, and moved his family there in December. The bank to be known as the Meramec Valley Bank, will be opened soon, Richard Ralph, president, Chas. P. Scholl, cashier, with a paid-in capital of $10,000. Mr. Ralph is Prosecuting Attorney of St. Louis county.