First National Bank (Kingston, PA)

View Charter #12921 on SPMC View balance sheet

Episode Information

Episode UID
1292101599
Episode Type
Suspension β†’ Reopening
Bank Type
national
Bank ID
129210 national
Charter Number
12921
Start Date
March 4, 1933
Location
Kingston, Pennsylvania

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
cf01ccd25c37f859

Response Measures

None

Events (3)
1. April 24, 1926 Chartered
Source
historical_nic
2. March 4, 1933 Suspension
Cause
Government Action
Cause Details
Governor Pinchot proclaimed a mandatory statewide bank holiday/closure (March 4 and March 6) amid the March 1933 banking crisis
Newspaper Excerpt
I hereby declare a bank holiday throughout Pennsylvania on Saturday, March 4, 1933
Source
newspapers
3. March 15, 1933 Reopening
Newspaper Excerpt
KINGSTON, First National Bank ... OF STATE BANKS REOPENING TODAY (publication lists Kingston First National Bank reopening on March 15, 1933).
Source
newspapers

Newspaper Articles (3)
1. March 4, 1933 Evening Star Washington, DC
Article from Evening Star, March 4, 1933

Click image to open full size in new tab

Article Text

# EARLY U. S. ACTION # PLANNED ON BANKS New York and Illinois Declare Holidays-Only Four States Unrestricted. (Continued From First Page.) Connecticut took similar action, bring- ing to 43 the list of States in which restrictions on withdrawals are opera- tive in some form or another. Only Montana, Colorado, North Da- kota and South Carolina remained without restrictions at noon today. Delaware's banks were open, but the State Legislature has already taken emergency action. These developments had brought from Representative Rainey, the next Speaker of the House, the prediction that "an extra session of Congress will be called at the earliest possible time." He said he felt that early next week, possibly Tuesday, would not be too soon. Pre- viously Rainey had told House mem- bers-elect to remain in Washington. Others at the Capitol said the session probably would begin Wednesday. The Federal Reserve Bank of New York was closed with all other bank- ing institutions of that State. The Federal Reserve Bank at Philadelphia also closed, under a holiday declared throughout Pennsylvania by Gov. Pin- chot. Later in the day the Minne- apolis Federal Reserve Bank suspended business. The closing of the New York Federal Reserve Bank meant the tying up of its huge gold reserve for the period of the holiday against withdrawal by either domestic or foreign agencies. In discussing the banking relief pro- gram, Senator Robinson said: "We do not know just when it will be completed, but it will be expedited all possible. The details can not be announced right now but you may be assured there will be no delay." Wagner Plans Action, Previously Senator Wagner, Demo- crat, of New York, had told newspaper men he would carry immediately to Democratic leaders an appeal for imme- diate emergency banking moves. In- formed at his hotel here of banking moratoria in New York and Illinois. Wagner said he would appeal this morn- ing to Democratic leaders to begin working out a program and some time this afternoon would call on Mr. Roose- velt with the same objective. A bank holiday, he said, "is the only thing to do" to meet the emergency of the banks themselves, but he added quick steps are necessary to enable them to reopen and continue opera- tions. Harvey Couch, Democratic member of the Reconstruction Finance CorpoΠ³Π°- tion, was the first White House caller this morning. He said after a brief conference with President Hoover he had discussed "matters incident to the banking situation," but declined to give details. Couch conferred last night with President-elect Roosevelt. Officials in Conferences. High officials both of the outgoing Republican and incoming Democratic administrations were in conference most of the night. Secretary of the Treasury Mills said afterward the Hoover administration would have no statement, but that governors of the Federal Reserve banks in Chicago and New York would have announcements. Demands Impossible. The hours between midnight and dawn saw banking officials in many States struggling with the problem, made acute by the flurrying of nervous- ness on the part of depositors. As a statement by the New York Clearing House Committee put it: "The unthinking attempt of the pub- lic to convert over $40,000,000,000 of deposits into currency at one time is, on its face, impossible." The statement added that the condi- tion clearing house banks is such that "they could, through the facilities of the Federal Reserve Bank, pay on de- mand every dollar of their deposits," but that withdrawals throughout the country as a whole have increased so that a "halt" is necessary "to enable the proper authorities to consider and adopt remedies to meet this situation, not for New York primarily, but for the Nation as a whole." Only a few States remained today in which restrictions on withdrawals had not been invoked. No Holiday in Virginla. In Virginia, Gov. Pollard said no general banking holidays would be de- clared because the State's laws already protect the banks and their depositors. In Maryland, the General Assembly early today approved the emergency banking legislation without a dissenting vote in either House. Gov. Ritchie signed it this morning, but said that the banking institutions of the State will not reopen Monday. The resources of the Reconstruction Finance Corporation earlier had been made available to hard-pressed, but solvent banks in States that have imposed moratoria on withdrawals. This was one of a number of de- velopments yesterday that included introduction of legislation to allow postal savings checking accounts and to confer upon the incoming admin- istration sweeping authority to main- tain the security of deposits. Reconstruction Corporation officials said their policy called for lending in- stitutions if the loans were well secured enough money to pay the percentage of deposits that could be withdrawn, provided the banks did not have the funds immediately available. It was emphasized this was not a new departure, but was simply the ap- plication of regulations decided upon for individual instances in the past to a situation spread into a number of States. Pinchot's Statement. Gov. Pinchot of Pennsylvania here for the inauguration issued the follow- ing statement: "Because of the declaration of a bank holiday in New York, Illinois and most of the other States, similar action in Pennsylvania has become unavoidable. "Were our banks to remain open, the demands upon them would impose an impossible burden. "Therefore, upon specific recom- mendation of Gov. Norris of the Phila- delphia Federal Reserve Bank, I hereby declare a bank holiday throughout Pennsylvania on Saturady, March 4, 1933, and Monday, March 6, 1933." Exchange Statement. A statement issued by the Govern- ing Committee of the New York Stock Exchange said: "The Governing Committee at a meeting held this morning in order to give full effect to the banking holiday declared by the Governor of the State of New York directed: "First, that the exchange be closed during such holiday: "Second, that members and firms registered on the exchange be pro- hibited from making any contracts for the purchase or sale or the borrowing or lending of any securities, and also from permitting their offices or facili- ties to be used for the purpose of mak- ing or carrying out any such contracts; "Third, that all deliveries be suspend- ed on all member contracts, except on such contracts as may be cleared by or settled through the Stock Clearing Corporation, and that in such cases deliveries shall be made as the Stock Clearing Corporation shall direct

2. March 4, 1933 The Daily Courier Connellsville, PA
Article from The Daily Courier, March 4, 1933

Click image to open full size in new tab

Article Text

GOVERNOR ORDERS TWO-DAY HOLIDAY FOR STATE BANKS By International Nows Service. PHILADELPHIA, March 4.-Governor Gifford Pinchot. from his temporary residence at Washington, D. C., today proclaimed mandatory twoday hollday for all Pennsylvania banks. The proclamation issued at 8:30 this morning through Dr. William D. Gordon, State Secretary of Banking, directs all banks in the Commonwealth to remain closed Saturday and Monday. George W. Norris, governor of the Federal Reserve Bank in Philadelphia at whose behest leading Philadelphia financiers assembled in the early Lours the morning to consider decisive action, said the step was made necessary by the growing list state bank holidays. Although it was believed Penneylvania banks could have remained open under the emergency legislation passed by the Legislature last Monday, of holidays by the governors of New York and Illinois and several other states early today precipitated the crisis, Norris explained. "Because of the declaration of bank holiday in New York, Illinois and other states similar action in Pennsylvania has become unavoidable," the Governor declared in his "Were our banks to remain open the demands on them would impose an impossible burden." "Therefore, on the specific recommendation of Governor George W. Norris of the Philadelphia Reserve Bank, hereby declare bank hollday throughout for Saturday, March 5, and Monday, March 6," the proclamation concluded.

3. March 15, 1933 The Philadelphia Inquirer Philadelphia, PA
Article from The Philadelphia Inquirer, March 15, 1933

Click image to open full size in new tab

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