Home Savings Bank - Wilmington, NC

Bank Information

Episode Type: Suspension → Closure
Bank Type: savings bank
Start Date: September 27, 1931
Location: Wilmington, North Carolina (34.226, -77.945)

Metadata

Model: gpt-5-mini
Short Digest: 1f31c0a8

Response Measures

None

Description

Article headline states the Wilmington Home Savings Bank is 'defunct' and a liquidating agent is to pay a dividend to depositors — indicates the bank closed and is in liquidation/receivership. No mention of a prior depositor run in the provided text. Cause of suspension/closure is not specified in the excerpt.

Events (2)

1. September 27, 1931 Receivership

Newspaper Excerpt: liquidating agent the Home Savings bank ... dividend be paid depositors within the two weeks
Source: newspapers

2. September 27, 1931 Suspension

Cause Details: Article gives no reason for closure; only notes bank is defunct and in liquidation with dividends to be paid.
Newspaper Excerpt: Dividend Will Be Paid By Defunct Wilmington Bank ... liquidagent the Home Savings bank. which closed ... dividend be paid depositors ...
Source: newspapers

Newspaper Articles (1)

1. September 27, 1931 News and Record Greensboro, NC

Article from News and Record, September 27, 1931

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Article Text

Dividend Will Be Paid By Defunct Wilmington Bank Daily Sept. liquiagent the Home Savings bank. which closed reage $186,000 dividend be paid depositors within the two weeks vice and Jesse of the and M. charges and serving terms in state's Tech football players Georgia clad shockthis of Coach Alexander.