Bank of Greenville - Greenville, NC

Bank Information

Episode Type: Run → Suspension → Unsure
Bank Type: state
Start Date: December 10, 1930
Location: Greenville, North Carolina (35.597, -77.375)

Metadata

Model: gpt-5-mini
Short Digest: 6dc2819b

Response Measures

Full suspension

Other: OCR corrected text: 'The Bank of Greenville failed to open for Wednesday, the directors placing notice on the door saying withdrawals had made the action necessary for protection of depositors.'

Description

OCR text indicates the Bank of Greenville 'failed to open' and directors said 'withdrawals had made the action necessary' (Dec 1930). This describes heavy withdrawals (a run) leading to a suspension. The article does not state whether the bank later reopened or was closed permanently, so outcome is unclear.

Events (2)

1. December 10, 1930 Run

Cause Details: Heavy withdrawals by depositors prompted by unspecified causes; article does not attribute to rumors or external bank failures.
Measures: Directors placed notice; bank failed to open for Wednesday (suspended payments).
Newspaper Excerpt: withdrawals had made the action necessary
Source: newspapers

2. December 10, 1930 Suspension

Cause Details: Directors suspended operations because heavy withdrawals made suspension necessary to protect the bank.
Newspaper Excerpt: failed to open for Wednesday, its directors placing notice ... withdrawals had made the action necessary for protection of the bank
Source: newspapers

Newspaper Articles (1)

1. December 10, 1930 The Macon News Macon, GA

Article from The Macon News, December 10, 1930

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Article Text

Bank Is Suspended In North Carolina The of Greenville failed open for Wednesday, ta directors placing notice on the saying withdrawals had made the action necessary for protection of The bank, capitalized at $100,000 had deposits of $1,021,222 on September 24.