Article Text
PENN. BANK CLOSED The Pennsylvania State Banking Department today taken possession of the Shenandoah Trust Company Shenandoah Pa. At its last called report the bank had deposits of Roberts Downtown Athletic
16890. Shenandoah Trust Company (Shenandoah, PA)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- trust
- Start Date
- January 30, 1932
- Location
- Shenandoah, Pennsylvania (40.820, -76.201)
Metadata
- Model
- gpt-5-mini
- Short Digest
c094f4b8263d9f26
Response Measures
None
Description
Two articles (Brooklyn Eagle, 1932-01-30) report the Pennsylvania State Banking Department 'taken possession' of the Shenandoah Trust Company—government action leading to closure/receivership. No mention of depositor runs prior to suspension in these excerpts.
Events (2)
1.
January 30, 1932
Receivership
- Newspaper Excerpt
- State Department today announced it had taken possession of the Shenandoah Trust Company at Shenandoah, Pa. At its last called report the bank had deposits of $1,039,295.
- Source
- newspapers
2.
January 30, 1932
Suspension
- Cause
- Government Action
- Cause Details
- Pennsylvania State Banking Department took possession of the Shenandoah Trust Company (state closure/assumption of control).
- Newspaper Excerpt
- The Pennsylvania State Banking Department today taken possession of the Shenandoah Trust Company Shenandoah Pa.
- Source
- newspapers
Newspaper Articles (2)
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Article Text
PENN. BANK CLOSED State Department today announced it had taken possession of the Shenandoah Trust Company at Shenandoah. Pa At its last called report the bank had deposits of $1,039,295.