Pulaski National Bank (Pulaski, NY)

View Charter #1496 on SPMC View balance sheet

Episode Information

Episode Type
Suspension → Closure
Start Date
July 11, 1932
Location
Pulaski, New York (43.567, -76.128)
Bank Type
national
Charter Number
1496

Metadata

Episode ID
Bank ID
City ID
360961947
Model
gpt-5-mini
Short Digest

Receivership Details

Depositor recovery rate
77.2%
Date receivership started
1932-07-11
Date receivership terminated
1940-08-16
Share of assets assessed as good
24.3%
Share of assets assessed as doubtful
75.7%
Share of assets assessed as worthless
0.0%

Events (4)
1. July 31, 1865 Chartered
Source
historical_nic
2. July 11, 1932 Suspension
Cause
Government Action
Cause Details
Bank closed and a receiver (Fred F. Reasoner) was appointed following the bank's failure.
Newspaper Excerpt
appointed receiver of the National Bank, Pulaski, N. Y., which closed recently.
Source
newspapers
3. July 11, 1932 Receivership
Newspaper Excerpt
Fred F. Reasoner ... has been appointed receiver of the National Bank, Pulaski, N. Y., which closed recently.
Source
newspapers
4. July 11, 1932 Receivership
Source
historical_nic

Newspaper Articles (2)
1. July 15, 1932 The Star Press Muncie, IN

Article Text

BANK RECEIVER IN EAST Fred F. Reasoner, formerly of Muncie, has been appointed receiver of the National Bank, Pulaski, N. Y., which closed recently. He was also receiver there for the People's National Bank which closed last October He was former county treasurer here.

2. November 6, 1935 The Times-Tribune Scranton, PA

Article Text

BANK STOCKHOLDER SUED A suit brought to collect the full amount of the holdings of a stockholder in the Pulaski National Bank, of Pulaski, N. Y., was filed in federal court here today by the bank's receiver against Anne Beatty, of Montoursville. The statement recites that Mrs. Beatty acquired thirty shares at a par value of $100 in the bank in 1929, and that she is now liable for $2,590, which remains after her deposits had been seized.