State Savings & Commercial Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: June 11, 1891
Location: San Francisco, California (37.780, -122.419)

Metadata

Model: gpt-5-mini
Short Digest: 81c9e8fc

Response Measures

None

Description

The provided bank name was 'State Savings & Commercial Bank', but the article explicitly names 'State Savings Bank' at 634 Market Street. O. E. Moore assigned assets to George F. Hill for creditors, indicating failure and assignment/receivership rather than a run. No run or reopening is mentioned.

Events (1)

1. June 11, 1891 Receivership

Newspaper Excerpt: O. E. Moore, founder of the State Savings Bank at 634 Market street, has assigned all notes, mortgages and other assets of the bank to George F. Hill for the benefit of its creditors.
Source: newspapers

Newspaper Articles (1)

1. June 11, 1891 The Morning Call San Francisco, CA

Article from The Morning Call, June 11, 1891

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Article Text

Savings Bank Failure. O. E. Moore, founder of the State Savings Bank at 634 Market street, has assigned all notes, mortgages and other assets of the bank to George F. Hill for the benefit of its creditors. The total indebtedness amounts to $1300.