Richmond National Bank - New York, NY

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 11655
Charter Number: 11655
Start Date: January 4, 1934
Location: New York, New York (40.714, -74.006)

Metadata

Model: gpt-5-mini
Short Digest: cbe94792

Response Measures

None

Receivership Details

Depositor recovery rate: 67.5%
Date receivership started: 1933-11-14
Share of assets assessed as good: 50.7%
Share of assets assessed as doubtful: 41.0%
Share of assets assessed as worthless: 8.3%

Description

Article (Brooklyn Eagle, 1934-01-04) refers to James J. Munro as 'Richmond National Bank receiver', indicating the bank was in receivership (permanent closure). No mention of a run in the provided text; classification is suspension_closure. Richmond Hill (Queens) context matches New York city.

Events (3)

1. March 27, 1920 Chartered

Source: historical_nic

2. November 14, 1933 Receivership

Source: historical_nic

3. January 4, 1934 Receivership

Newspaper Excerpt: James J. Munro. Richmond National Bank receiver and local attorney
Source: newspapers

Newspaper Articles (1)

1. January 4, 1934 Brooklyn Eagle Brooklyn, NY

Article from Brooklyn Eagle, January 4, 1934

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Article Text

Hill Trade Board To Install Heads James J. Munro. Richmond National Bank receiver and local attorney, "will induct officers of the Richmond Hill Board Trade tonight at Fuchs Lobster House, mond Myrtle and Jamaica Aves., RichHill. William Soringer will be toastmaster. Maurice Lichtenberg, past president, will speak. Those be seated include Maurice Jacobson, president: fred George K. Barry and AlKebansky, vice David Beandes, and secretary, Esper, treasurer,