Bank of Drew - Drew, MS

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: December 22, 1930
Location: Drew, Mississippi (33.810, -90.526)

Metadata

Model: gpt-5-mini
Short Digest: 42bffe6f

Response Measures

None

Description

Article (Paragould Soliphone, 1930-12-22) reports The Bank at Drew ... closed. No run or depositor panic is described; the bank is listed among several Mississippi banks that closed. Cause for this specific bank is not given — classified as local banking distress (multiple local banks closing).

Events (1)

1. December 22, 1930 Suspension

Cause: Local Banks
Cause Details: Listed among multiple Mississippi banks that closed/suspended in the same episode; no bank-specific trigger described in the article for Drew bank.
Newspaper Excerpt: The Bank at Drew and the Bank of Pheba also closed.
Source: newspapers

Newspaper Articles (1)

1. December 22, 1930 Paragould Soliphone Paragould, AR

Article from Paragould Soliphone, December 22, 1930

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Article Text

Other States On Finnish To Some Having Have Perished May Difficulties Banking Three Banks Close and Four Others Suspend in MisIn Associated Jackson, Miss., Dec. banks closed and four others suspended temporarily in Mississippi to- The Wilson Banking company Greenwood failed open, immedlately three others in GreenThe Bank of McClain closed temaudit of the porarily an books after Cashier B. Reed ported discrepancy and asked to jailed The Bank at Drew and the Bank of Pheba also closed. Two in North Carolina Dec. NaGoldsboro, tional Bank of Goldsboro and the Goldsboro and Trust Comnanv, affiliated banks, failed to open today. Oberon Collides With Finnish Arcturus and Saved