New Castle County National Bank (Odessa, DE)

Episode Information

Episode Type
Suspension → Reopening
Start Date
March 6, 1933
Location
Odessa, Delaware (39.457, -75.661)
Bank Type
national
Charter Number
1281

Metadata

Events (3)

1. June 15, 1865 Chartered
Source
historical_nic
2. March 6, 1933 Suspension
Cause
Government Action
Cause Details
State-declared banking holiday (Delaware ordered temporary suspension of banking business effective Monday to protect banks and depositors).
Newspaper Excerpt
Delaware... declared a bank holiday tonight, effective Monday and continuing until further notice.
Source
newspapers
3. March 15, 1933 Reopening
Newspaper Excerpt
ODESSA New Castle County Na. tional (listed among state banks reopening today).
Source
newspapers

Newspaper Articles (2)

Article Text

EVERY STATE JOINS IN MOVE TO SAVE BANKS

Take Holiday or Impose Restrictions.

Wilmington, Del., March 4.—(AP)—Delaware, the last of the nation's 48 states not under some form of banking restriction, declared a bank holiday tonight, effective Monday and continuing "until further notice." Harold W. Horsey, state banking commissioner, said Gov. C. Douglas Buck had directed him to notify all banks in the state as follows:

"Not because of anything that has occurred in Delaware, nor any condition existing here, but wholly because of the action of practically all the other states in declaring a bank holiday and the observance thereof by the Federal Reserve bank, this bringing about a temporary suspension of banking business over the country, I am left with no alternative but to take action to protect Delaware banks and their depositors."

Wisconsin Plans Reopening.

Milwaukee, Wis., March 4.—[Special.]—Banks of this city and Wisconsin are making plans to reopen next week, but on what day had not been determined tonight. In Madison, Banking Commissioner Arthur C. Kingston said that a plan has been devised for reopening Wisconsin banks Monday morning, although he withheld details of the plan pending an expected announcement from President Roosevelt at Washington on the banking situation.

On the other hand, Walter Kasten, president of the First Wisconsin National bank, and also a member of a committee appointed by the Milwaukee Clearing House association to work out a plan, said the Milwaukee banks will not reopen until Wednesday at the earliest, and then probably will operate under a scrip plan similar to that used in 1907. In the meantime the fourteen day bank holiday proclaimed by Gov. R. G. Schmedeman remains in effect.

No Holiday in Indiana.

Indianapolis, Ind., March 4.—[Special.]—Indiana banks, under the new bank code law recently rushed through the state legislature, have the power to limit withdrawals to one-tenth of 1 per cent. Therefore, no state-wide bank moratorium will be declared in Indiana Gov. Paul V. McNutt today informed state officials from Washington, where he attended the inauguration.

Indianapolis banks today continued to pay 5 per cent on both savings and checking accounts, and 100 per cent on deposits made since they declared a 5 per cent withdrawal limitation last Monday. A few upstate banks have limited withdrawals to 2 per cent.

Plan Michigan Reopening.

Detroit, Mich., March 4.—[Special.]—There was an easing up of banking anxieties in Detroit because of the action of the state legislature on relief bills which are scheduled to be passed on Monday. They should become laws not later than next Saturday and thereby permit banks to re-open and permit another withdrawal of funds in amounts yet to be decided upon. Operations in Detroit will be immediately resumed by the First National bank and the Guardian National Bank of Commerce.

Iowa Proclaims Holiday.

Des Moines, Ia., March 4.—[Special.]—Lieut. Gov. N. G. Kraschel today ordered a banking moratorium effective at once. In his proclamation the lieutenant governor set no definite time, declaring only "a temporary banking holiday mandatory for all Iowa banks, savings banks and


Article Text

OF STATE BANKS REOPENING TODAY

From First Page Continued Dillsburg National DILLSBURG, Downingtown Bank National Valley National Path DRY Dry Run of Bank National Bank Dublin Duncannon NaDUNCANNON, Bank tional Peoples National DUNCANNON, Bank First National Bank DUNMORE Perkiomen GREENVILLE EAST Bank National CHUNK Citizens MAUCH EAST Bank National SMITHFIELD First NaEAST tional East EAST Stroudsburg National Bank First National Bank ELDRED First National Bank ELYSBURG First National ELIZABETHTOWN and Trust Co. Bank Pattison National ELKLAND

Bank Farmers National EPHRATA

Bank Farmers National EPHRATA

Bank First National Bank FAIRFIELD Fannettsburg FANNETTSBURG, National Bank Gettysburg NaGETTYSBURG, tional Bank First National

Bank Citizens National GREENCASTLE

Bank

Halifax National Bank First National HALLSTEAD,

Bank

Harleysville HARLEYSVILLE, National Bank Hatboro National HATBORO,

Bank

Hatfield National HATFIELD,

Bank Hershey National HERSHEY,

Bank

PARK, State Road HIGHLAND

National Bank Honesdale NationHONESDALE, Bank HOP BOTTOM, Hop Bottom Na- tional Bank

HOWARD. First National Bank HUGHESVILLE, First National Bank First National HUNTINGDON,

Bank.

HUMMELSTOWN, Hummelstown

National JERMYN, First National Bank JOHNSONBURG, Johnsonburg National Bank KINGSTON, First National Bank KNOXVILLE, First National Bank KUTZTOWN, Kutztown National Bank LANGHORNE, Peoples National

Bank LANSDALE, First National Bank LANSDOWNE, National Bank of Lansdowne Citizens National

Bank

LANSFORD, First National Bank LAWRENCEVILLE, First NationBank LEESPORT, First National Bank LEHIGHTON, First National

Bank

LEHIGHTON. Citizens National Bank and Trust Company LEMASTERS, Peoples National

Bank

LEOLA. Leola National Bank LE RAYSVILLE, First National

Bank LEWISBURG. Lewisburg NationBank LEWISBURG, Union National

Bank LEWISTOWN. Citizens National

Bank

LEWISTOWN. Mifflin County

National Bank LEWISTOWN, Russell National

Bank LITITZ, Farmers National Bank LITITZ, Lititz Springs National

Bank

LITTLESTOWN, Littlestown National Bank LIVERPOOL. First National Bank LOCK HAVEN. First National

Bank

LOGANTON. Loganton National Bank Luzerne National

Bank

MAHANOY CITY, Union Nation-

Bank

MALVERN, National Bank of Malvern MANHEIM. Keystone National

Bank

MANHEIM. Manheim National Bank

MARCUS HOOK. Marcus Hook National Bank MAUCH CHUNK, Mauch Chunk National Bank McCLURE. First National Bank McVEYTOWN, MoVeytown National Bank MECHANICSBURG. Second National Bank MEDIA. First National Bank MERCERSBURG, First National Bank MARIETTA, First National Bank MIDDLEBURG, First National Bank MIFFLIN, Peoples National Bank MIFFLINTOWN, First National Bank

MIFFLINTOWN. Juniata Valley National Bank MILLERSBURG, First National Bank MILLHEIM, MILDRED, First National Bank Farmers National Bank and Trust Co. MILLVILLE, First National Bank MILTON First Milton National Bank First National Bank MONTGOMERY Farmers Citizens National Bank MONTROSE First & Farmers NaMOUNT tional Bank Trust Co. JOY Union National Mount Joy Bank MOUNT JOY First National Bank Trust Co. MOSCOW First National Bank

MUNCY Citizens National Bank MYERSTOWN Myerstown Na. tional Bank NANTICOKE First National Bank NANTICOKE Miners National

Bank

NANTICOKE Nanticoke National

Bank NESQUEHONING First National Bank NEW ALBANY First National

Bank

NEW BLOOMFIELD First Na- tional Bank NEW CUMBERLAND New Cumberland National Bank NEWFOUNDLAND First National

Bank of Newfoundland NEW HOPE Solebury National

Bank NEW MILFORD Grange National Bank of Susquehanna County

NEWVILLE First National Bank NEWTOWN First National Bank Trust NICHOLSON First National

Bank NORTH WALES North Wales National Bank NUMIDIA Valley National Bank

OLEY First National Bank OXFORD National Bank of Ox. ford

PALMERTON First National Bank PEN ARGYLE Pen Argyle Na. tional Bank PEMBROOK National Bank of

Pembrooke

PENNSBURG Farmers National

Bank PHILIPSBURG First National Bank

PHOENIXVILLE Farmers &

Mechanics National Bank PLYMOUTH First National Bank PORT ALLEGANY First NationBank PORTLAND First National Bank PORT ROYAL, Port Royal National Bank

POTTSTOWN, Citizens National Bank Trust Co. POTTSTOWN National Bank of Pottstown POTTSTOWN National Iron

Bank

QUAKERTOWN Merchants National Bank QUAKERTOWN, Quakertown National Bank RALSTON First National Bank REBERSBURG, Rebersburg Na- tional Bank RED LION, Farmers and Merchants National Bank NEWVILLE Farmers' National

Bank TRIPOLI National Bank NORTHAMPTON Cement National Bank of Siegfried NORTHUMBERLAND National BANK NUREMBERG First National

Bank

ORANGEVILLE Farmers' Na. tional Bank ORWIGSBURG First National

Bank

OSCEOLA MILLS First National

Bank of Osceola PEN ARGYL First National Bank

PERKASIE First National Bank PETERSBURG First National

Bank

PINE GROVE National Bank &

Trust PLYMOUTH National Bank PORT ROYAL First National

Bank

Farmers' NationBank National Bank RIDGWAY Elk County National Bank

RIDLEY PARK National Bank ST. MICHAELS National Bank SHELLSBURG First National Bank

SCHUYLKILL HAVEN First National Bank & Trust Co. SCHWENKSVILLE National Bank Trust Co. SCHICKSHINNY First National

Bank

First National Bank SELLERSVILLE National Bank SLATINGTON National Bank,

Citizens' National Bank SMETHPORT Grange National Bank of McKean Co. STRASBURG First National

Bank SUNBURY First National Bank THOMPSONTOWN Farmers' National Bank THREE SPRINGS First National

Bank

TOPTON National Bank of Top-

TREMONT National Bank TREVORTON First National

Bank TUNKHANNOCK Citizens' Na. tional Bank. Wyoming National

Bank

TURBOTVILLE National Bank WATSONTOWN Farmers' Na. tional Bank, National Bank WEISSPORT National Bank WELLSVILLE National Bank WEST CHESTER National Bank of Chester Co. and Trust Co. RED LION First National Bank and Trust Co. REEDSVILLE, Reedsville Nation.

Bank

RICHLAND, Richland National

Bank

RIDGWAY, Ridgway National

Bank

RIEGELSVILLE First National

Bank

RINGTOWN First National Bank ROARING SPRINGS First National Bank ROME Farmers National Bank ROYERSFORD, National Bank Pa. ST. MARYS, St. Marys National SAYRE, Merchants and MechanNational Bank Sayre SAYRE, First National Bank Sayre First National Bank SELINSGROVE First National Bank

SELINSGROVE Farmers National Bank SHENANDOAH Merchants National Bank SHENANDOAH Miners National

Bank SHIPPENSBURG First National

SHIPPENSBURG Peoples National Bank SHINGLEHOUSE First National

Bank SOUDERTON Peoples National

Bank SOUDERTON, Union National

Bank and Trust Co. SPRING MILLS First National

Bank SOUTH FORK First National

Bank

SPRING CITY. National Bank and Trust Co. of Spring City SPRINGVILLE First National

Bank STATE COLLEGE First National

Bank

STEWARTSTOWN Peoples National Bank STROUDSBURG, First-Strouds- burg National Bank SUSQUEHANNA First National

Bank

SUSQUEHANNA City National

Bank SWARTHMORE, Swarthmore National Bank and Trust Co. SWINEFORD First National

Bank

TAMAQUA First National Bank TAMAQUA, Tamaqua National Bank

TELFORD, Telford National

Bank

TIOGA. Grange National Bank Citizens National

Bank

TOWANDA First National Bank

TROY First National Bank TYRONE County Na. tional Bank ULSTER, First National Bank of Ulster

ULYSSES. Grange National Bank

Potter WAYNESBORO, Citizens NationBank and Trust Co. WAYNESBORO First National

Bank Trust Co.

WERNERSVILLS National Bank Trust WEST CHESTER First National

Bank WESTFIELD Farmers and TradNational Bank WEST GROVE National Bank

Trust WILLIAMSBURG First National Bank

WILLIAMSBURG Farmers

Merchants National Bank

WRIGHTSVILLE First National

Bank

WYALUSING National Bank

Wyalusing WYOMING First National Bank YORK SPRINGS First National

Bank AKRON, Akron National Bank ANNVILLE, Annville National Bank

ASHLAND, Ashland National Bank ASHLAND Citizens National

Bank

ASHLEY First National Bank

ATGLEN, Atglen National Bank ATHENS, Athens National Bank ATHENS Farmers National Bank AVONDALE National Bank of Avondale

AVOCA First National Bank of

Avoca BANGOR Merchants National Bank BARNESBORO First National

Bank

BATH First National Bank BEAVER SPRINGS First NationBank BEECH CREEK, Beech Creek National Bank

BELLEFONTE First National

Bank BELLEFONTE Farmers National

Bank

BENDERSVILLE, Bendersville

National Bank BENTON Columbia County National Bank BERWICK First National Bank BERWICK, Berwick National

Bank BELLWOOD First National Bank tional Bank BLOOMSBURG First National

Bank BLOOMSBURG Farmers National

Bank

BLOSSBURG Citizens National Bank BLUE BALL Blue Ball National

Bank

BLUE RIDGE SUMMIT First Na- tional Bank BOYERTOWN Farmers National Bank

BOYERTOWN National Bank of

Boyertown BRIDGEPORT, Bridgeport Na. tional Bank BRADFORD, Bradford National Bank

BRADFORD Commercial Na. tional Bank BRISTOL Farmers National Bank Bucks BROWNSTOWN, Brownstown Na. tional Bank BRYN MAWR. Bryn Mawr Na. tional Bank CAMP HILL, Camp Hill National

Bank

CANTON First National Bank

CATASAUQUA Lehigh National

CATASAUQUA National Bank of

Catasauqua

CATAWISSA First National Bank CATAWISSA, Catawissa National Bank CHALFONT, Chalfont National

Bank HOUTZDALE Trust Company PAOLI Bank and Trust ComNational Bank SCHUYLKILL HAVEN Trust Company EGYPT Farmers Bank SCHNECKSVILLE State Bank EAST PETERSBURG State Bank MIDDLETOWN Citizens Bank and HUNTINGDON Grange Trust Co. SHAMOKIN Banking and Trust SHAMOKIN Bank JOHNSTOWN National Bank ALEXANDRIA First National

Bank AUSTIN First National Bank BAKERTON First National Bank Bakerto BERNVILLE First National Bank CARROLLTOWN First National Bank CENTRALIA First National Bank COOPERSBURG First National COUDERSPORT First National National Bank DANIELSVILLE National Bank DENVER National Bank DOYLESTOWN National Bank Trust DUSHORE First National Bank EAST STROUDSBURG Monroe County National Bank National Bank EMAUS Bank EVERETT First National Bank First National FOGELSVILLE National Bank First National Bank GALETON First National Bank GAP National Bank Trust Co. GENESEE National Bank GETTYSBURG First National Bank HANOVER First National Bank Citizens National Bank HONEY BROOK First National Bank Grange National Bank Lycoming HUNTINGDON Union National Bank HYNDMAN Hoblitzell National INTERCOURSE First National Bank KENNETT SQUARE National Bank Trust Grange National Bank Wyoming County LAPORTE First National Bank West Shore National Bank LILLY First National Bank First National Bank MADERA National Bank First Na. tional Bank MARTINSBURG First National Bank MARYSVILLE First National Bank MAYTOWN National Bank First National Bank Farmers National MESHOPPEN First National Bank MILLERSTOWN First National Bank EBENSBURG American National Bank MINERSVILLE First National Bank MINERSVILLE Union National First National MONTGOMERY First National Bank MORTON National Bank MOUNT JEWETT National Bank MOUNT UNION Central National Bank MOUNT UNION First National NAZARETH National Bank NAZARETH Second National Bank NEFFS National Bank NESCOPECK National Bank NEW HOLLAND Farmers Na. tional Bank and Trust NEWPORT First National Bank NEWPORT Citizens National Bank CARLISLE Trust Co. LOCK HAVEN Trust Co. LEWISTOWN Trust WYOMISSING Peoples' Trust Co. JENKINTOWN Bank Trust MYERSTOWN Trust STEELTON Bank Trust Co. TAMAQUA Peoples' Trust Co. HONESDALE Wayne County Savings Bank BLOOMSBURG Bank Columbia Trust NEW OXFORD Farmers Merchants Bank LEMOYNE Trust Co. DANVILLE Montour County ORRSTOWN Bank PROSPECT PARK Interboro Bank Trust TEMPLE State Bank KULPMONT Dime Deposit Bank Trust Trust ELKINS PARK Bank ELVERSON National Bank LANDISVILLE National Bank GIRARDVILLE First National Bank

Governor Norris also announced authorized for opening these Delaware and South Jersey banks, which are members of the Third Federal Reserve Bank:

SOUTH JERSEY

VENTNOR CITY National Bank. VINCENTOWN First National. WESTVILLE First National WILDWOOD Marine National WOODBURY Farmers Mechanics National Bank and First Bank Trust CAPE Safe DeSafe Deposit BAY HEAD. Bay Head National BEACH HAVEN, Beach Haven National BRIDGETON, Cumberland National, Bridgeton and Farmers Merchants National VINELAND. Vineland National Woodstown National First National YARDVILLE, Yardville National ABSECON, First National BERLIN, Berlin National BEVERLY, First National BLACKWOOD, N. J., First NaBORDENTOWN, First National BURLINGTON, N. Mechanics National CAPE MAY COURT HOUSE, National CLAYTON Clayton National GLASSBORO. First National HADDON HEIGHTS. First Na tional. HAMILTON SQUARE. First Na. tional HEIGHTSTOWN, First National Bank HOPEWELL Hopewell National First MANTUA. National Bank of ManMerchantville National MILLVILLE, Millville National MINOTOLA, First National MOUNT HOLLY Union National MULLICA HILL, Farmers Na. tional OAKLYN. N. Oaklyn National PAULSBORO, National PENNSGROVE, Pennsgrove National PITMAN. Pitman National POINT PLEASANT, Ocean CounNational First National RIVERSIDE. First National ROEBLING, First National Bank Trust Co. SALEM. City National SALEM, Salem National Bank Trust STONE HARBOR First National SWEDESBORO Swedesboro National and Trust TOMS RIVER. First National PRINCETON, Princeton Bank Trust

RIVERSIDE Riverside Trust FLORENCE First National CAPE MAY National Trust

FRANKFORD First National HARRINGTON First National WYOMING First National DAGSBORO National DELAWARE City National DELMAR First National DOVER First National LAUREL Peoples National MILFORD First National ODESSA New Castle County Na. tional SEAFORD First National SMYRNA National Bank of Smyrna