American Exchange Bank - Syracuse, NY

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: February 11, 1904
Location: Syracuse, New York (43.048, -76.147)

Metadata

Model: gpt-5-mini
Short Digest: 6f0572a7

Response Measures

None

Description

Article (Feb 11, 1904) reports directors voted to close the bank and it did not open; Comptroller appointed the national bank examiner as receiver. No run or prior withdrawals mentioned and no immediate cause given.

Events (2)

1. February 11, 1904 Receivership

Newspaper Excerpt: The comptroller has appointed Examiner Van Branken as receiver. The department is not in possession of any information as to the immediate cause of the failure.
Source: newspapers

2. February 11, 1904 Suspension

Cause: Government Action
Cause Details: Directors voted to close and the Comptroller appointed the national bank examiner as receiver; department had no information on immediate cause.
Newspaper Excerpt: the directors of the American Exchange bank of Syracuse, N. Y., voted last night to close its doors and that it had not been opened for business this morning.
Source: newspapers

Newspaper Articles (1)

1. February 12, 1904 Americus Times-Recorder Americus, GA

Article from Americus Times-Recorder, February 12, 1904

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Article Text

Syracuse Bank Fails. Washington, Feb. 11.-Comptroller of the currency has been advised by National Bank Examiner J. Van Bran ken that the directors of the American Exchange bank of Syracuse, N. Y., voted last night to close its doors and that it had not been opened for business this morning. The comptroller has appointed Examiner Van Branken as receiver. The department is not in possession of any information as to the immediate cause of the failure.