First National Bank - Geneva, OH

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 153
Charter Number: 2719
Start Date: May 2, 1933
Location: Geneva, Ohio (41.800, -80.946)

Metadata

Model: gpt-5-mini
Short Digest: 380e8c50

Response Measures

None

Description

Article (News Journal, 1933-05-02) states the receiver obtained the largest loan for the First National Bank of Geneva, indicating the bank was in receivership. No mention of a depositor run or reopening; classified as suspension leading to closure/receivership. OCR in article is garbled but meaning is clear.

Events (4)

1. December 12, 1863 Chartered

Source: historical_nic

2. June 1, 1882 Chartered

Source: historical_nic

3. December 9, 1931 Receivership

Source: historical_nic

4. May 2, 1933 Receivership

Newspaper Excerpt: The largest among banks and trust was obtained by the receiver for the First National Bank of Geneva.
Source: newspapers

Newspaper Articles (1)

1. May 2, 1933 News Journal Wilmington, OH

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Article Text

LARGEST BORROWER OF $3,089,300 Received From in Month Corporation March May Reconstruction Finance corporation loans to various types of borin Ohio for March amounted rowers $3,869,950, the corporation ported. This represents sharp from borrowing under decrease categories for the precedvarious ing month. The state Ohio was the largest borrower, receiving $3,089,300 for relief purposes. loan associations were loaned banks and trust companies $381,924; Insurance companies $52,000 and two municipal self liquidating projects $52,500. An authorized loan of to the East End Investment Loan Company of Cincinnati was drawn or cancelled in full while the Canton bank receiver cancelled loan. The American Savings and Loan Company, of Cleveland, cancelled The largest among banks and trust was obtained by the receiver for the First National Bank of Geneva. nine loans were in this Only and seven to building and gory loan associations.