Raleigh Savings Bank - Raleigh, NC

Bank Information

Episode Type: Suspension → Closure
Bank Type: savings bank
Start Date: September 27, 1931
Location: Raleigh, North Carolina (35.772, -78.639)

Metadata

Model: gpt-5-mini
Short Digest: ea4052fe

Response Measures

None

Description

OCR of the article is poor. The headline reads 'RALEIGH SAVINGS BANK CLOSED SECOND TIME' (Charlotte Observer, 1931-09-27). The brief text gives no cause or mention of a depositor run; it indicates the bank was closed (suspended) again. No information on reopening or receivership in the provided excerpt, but the phrasing 'closed second time' implies a suspension that likely led to closure; classified as suspension_closure due to absence of any run described.

Events (1)

1. September 27, 1931 Suspension

Cause Details: Article excerpt gives no reason for the closure; only notes the bank was closed for the second time.
Newspaper Excerpt: RALEIGH SAVINGS BANK CLOSED SECOND TIME
Source: newspapers

Newspaper Articles (1)

1. September 27, 1931 The Charlotte Observer Charlotte, NC

Article from The Charlotte Observer, September 27, 1931

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Article Text

RALEIGH SAVINGS BANK CLOSED SECOND TIME Installed as Scoutmaster. RALEIGH Sept bank closed James R. Bryant has the state banking Boy department for the second time Troop Myers Park Mo. The allowed to reopen church in Air Since reopened had Kingsfull today bank December flight had England Singapore Auto Accidents Killed Automobile Missouri May brought death injuries department