First National Exchange Bank

Bank Information

Episode Type: Suspension → Reopening
Bank Type: national
Bank ID: 5214
Charter Number: 5214
Start Date: March 1, 1933*
Location: Sidney, Ohio (40.284, -84.155)

Metadata

Model: gpt-5-mini
Short Digest: e0fca968

Response Measures

None

Description

Article (Dayton Daily News, 1933-03-16) reports the First National Exchange Bank in Sidney reopened on a 100% basis after recent bank holidays. No run or depositor panic is mentioned; closure appears to have been part of the wider bank holidays (government action).

Events (3)

1. August 17, 1899 Chartered

Source: historical_nic

2. March 1, 1933* Suspension

Cause: Government Action
Cause Details: Closed as part of recent bank holidays (state/national banking holiday in March 1933).
Newspaper Excerpt: retained during the bank holidays
Source: newspapers

3. March 15, 1933 Reopening

Newspaper Excerpt: the First National Exchange bank both opened for business Wednesday morning on 100 per cent basis. SIDNEY PLANTS RESUME WORK SIDNEY, March ... First National Exchange bank both opened for business Wednesday morning on 100 per cent basis. With the opening of the banks business also has revived ... Officials of the company announced ... retained during the bank holidays, and as they resume their operations, men will be added from time to time. A large number of workers ... have been recalled ... Employes ... have fairly regularly throughout the winter.
Source: newspapers

Newspaper Articles (1)

1. March 16, 1933 Dayton Daily News Dayton, OH

Article from Dayton Daily News, March 16, 1933

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Article Text

SIDNEY PLANTS RESUME WORK SIDNEY, March Citizen National bank and the First National Exchange bank both opened for business Wednesday morning on 100 per cent basis. The building and loan associations Wednesday morning ceived notice from the state building and loan department authorizing them to open for business. With the opening of the banks business also has revived and many of Sidney's idle have resumed work. full force of former employes was recalled to the Peerless Bread Machine Co., many were added at the Prima Manufacturing Co., while at the Wagner Manufacturing Co. workers the iron foundry at their positions. Officials of the company announced that the aluminum department resumed work today and the iron finishing department will open Friday. Reporting for work on Monday morning will be the full operating force of men women in all departments. Foremen and those comprising the key organization of the Monarch Machine and Tool Co. have been retained during the bank holidays, and as they resume their operations, men will be added from time to time. A large number of workers at the Los Ramos cigar factory have been recalled Employes of the American Steel Scraper Co., the Liberty Folder Machine Sidney Tool Co. and the Scraper Co. have fairly regularly throughout the winter.