15148. Greenville National Bank (Greenville, OH)

Bank Information

Episode Type
Suspension โ†’ Reopening
Bank Type
national
Bank ID
7130
Charter Number
7130
Start Date
March 6, 1933
Location
Greenville, Ohio (40.103, -84.633)

Metadata

Model
gpt-5-mini
Short Digest
9df59b1365677bc8

Response Measures

None

Description

Bank was closed under the 1933 national bank holiday (a federal action) and was awaiting federal permission to resume. Article of 1933-03-18 explicitly states the bank 'has been closed since the original bank holiday proclamation' and expects to resume within days. A later article (1933-08-18) notes the Greenville National Bank was being 'operated on restricted basis' as of that date, indicating some limitations persisted for certain institutions, but the primary sequence is a government-ordered suspension with expected reopening.

Events (5)

1. February 10, 1904 Chartered
Source
historical_nic
2. March 6, 1933 Suspension
Cause
Government Action
Cause Details
Closed under the original national bank holiday proclamation issued after President Roosevelt's inauguration (federal action).
Newspaper Excerpt
has been closed since the original bank holiday proclamation President Roosevelt
Source
newspapers
3. March 22, 1933 Reopening
Newspaper Excerpt
expressed confidence in the belief that the local institution would resume business operations within few days... every effort being made reopen within the next four days. The city's four other banks have been open since Wednesday and are operating on normal holiday basis. (1933-03-18 article).
Source
newspapers
4. August 18, 1933 Suspension
Cause
Government Action
Cause Details
Still being operated on a restricted basis following the national bank holiday and licensing/resumption process; accounts opened since the holiday held as trust funds and subject to restrictions.
Newspaper Excerpt
The Greenville National bank ... are being operated on restricted basis
Source
newspapers
5. April 9, 1934 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (2)

Article from The Daily Advocate, March 18, 1933

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Article Text

FEDERAL STILL DELAYED Notice to Reopen Expected Within Days by Greenville National Bank Board Members Bank Officials Cleveland terday Henry Bank Reopened.. Members of the directorate board the Greenville National Bank. which has been closed since the original bank holiday proclamation President Roosevelt. conferred with federal reserve bank officials Cleveland. Ohio, yesterday anc result today expressed confidence in the belief that the local institution would resume business operations within few days. Nothing more needed than federal notice to that effect, was stated, and official permission to resume business may possibly arrive during the fore. part of the coming week. The bank executives here were unwilling to estimate just how long would be before the notice would be but they announced that every effort being made reopen within the next four days. The city's four other banks have been open since Wednesday and are operating on normal holiday basis. Six other Darke county banks have also resumed normal business operations including the First National and People's Bank, Versailles: the Citizens Bank of Ansonia; the Gettysburg Citizens Bank: the New Madison State Bank and the Farmers' State Bank at Union City. Today the St. Henry bank at Henry, was licensed to reopen. St. Henry an adjoining Mercer county village.


Article from The Dayton Herald, August 18, 1933

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Article Text

FULL PAYMENT FOR BANK SEEN Receiver Checks Accounts of Ansonia Institution, Restricted Since Holiday. GREENVILLE, O., Aug. 18.-A full payment to depositors of the First National bank at Ansonia, which has been operated on restricted basis since the national bank holiday, was predicted today by Charles Haber, Greenville, who is acting as receiver for the village institution. Haber recently checked all accounts of the bank. All accounts that have been opened with the bank since the recent holiday are held as trust funds and are subject to 100 per cent withdrawals immediately The Greenville National bank and the First-Farmer National bank at Arcanum also are being operated on restricted basis, but during the past week license to resume ma business was granted to the Osgood State bank. cases.