Bank of Oakboro - Oakboro, NC

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 26, 1932
Location: Oakboro, North Carolina (35.226, -80.329)

Metadata

Model: gpt-5-mini
Short Digest: 6f45adf5

Response Measures

None

Description

Short AP notice reports the Bank of Oakboro closed today (datelined Jan 26, 1932). No run or reopening mentioned; no receiver explicitly named in the excerpt. Cause not stated in the article.

Events (1)

1. January 26, 1932 Suspension

Cause Details: Article does not specify reason for closure; only reports the bank closed (no mention of run, receivership, or government action).
Newspaper Excerpt: Raleigh, Jan. 26. (AP) The Bank in Stanly county; closed today, Gurney P. Hood, bank
Source: newspapers

Newspaper Articles (1)

1. January 27, 1932 News and Record Greensboro, NC

Article from News and Record, January 27, 1932

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Article Text

Bank Of Oakboro In Stanly Closed, G. P. Hood Notified Raleigh, Jan. 26. (AP) The Bank in Stanly county; closed today, Gurney P. Hood, bank The bank had deposits of $35,700 on September 29. 1931, its call statement showed. It was capitalized at $15,000 and had of $80.540.87. Hartsell was active vice president.