First National Bank - Versailles, OH

Bank Information

Episode Type: Suspension → Reopening
Bank Type: national
Bank ID: 9336
Charter Number: 9336
Start Date: March 1, 1933*
Location: Versailles, Ohio (40.223, -84.484)

Metadata

Model: gpt-5-mini
Short Digest: 2bc57f18

Response Measures

None

Description

Article (dated 1933-03-17) reports that banks in the area, including Versailles' two banks (First National and Peoples Bank Company), have resumed business after recent closures. No run is mentioned; closures appear to be part of the wider March 1933 banking holiday/authority licensing (government action).

Events (3)

1. February 4, 1909 Chartered

Source: historical_nic

2. March 1, 1933* Suspension

Cause: Government Action
Cause Details: Banks in the county/state had been closed and were being licensed to reopen following statewide/national bank suspensions (March 1933 banking holiday/licensing).
Newspaper Excerpt: Versailles has two banks, the First National and Peoples Bank Company. Throughout Ohio there are total of 721 national and state banks. Up until today there were 519 of the financial institutions in full operation.
Source: newspapers

3. March 17, 1933 Reopening

Newspaper Excerpt: Since Wednesday total of nine Darke county banking houses have been reopened. In addition to the four local banks, financial institutions at New Madison, Gettysburg and Versailles have resumed business. Versailles has two banks, the First National and Peoples Bank Company, have resumed business today ... (The Daily Advocate, 1933-03-17).
Source: newspapers

Newspaper Articles (1)

1. March 17, 1933 The Daily Advocate Greenville, OH

Article from The Daily Advocate, March 17, 1933

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Article Text

UNION RIGHT Financial Status Town Again Bank Reopened tal of Nine Darke County Financial Institutions Now in Full Operation today the Citizens Bank Co., of Ansonia, announced that had reopened for normal business. The Ansonia bank is the tenth financial institution in Darke County have its application for cense approved by either state national banking officials. During the past 48 hours the nancial situation at Union City, neighboring Ohio-Indiana line community, resumed normal aspects when the citys' three banks were licensed to reopen. The Farmers' State Bank, Darke county institution, resumed normal business activities Wednesday afternoon. while the two Indiana side banks, Union Trust and Commercial Bank and Trust Company, were thrown open to the public on Thursday morning. All three of the institutions reecived an "A" rating from respective Ohio and Indiana authorities, dispatches state. Since Wednesday total of nine Darke county banking houses have been reopened. In addition to the four local banks, financial institutions at New Madison, Gettysburg and Versailles have resumed busiVersailles has two banks, the First National and Peoples Bank Company. Throughout Ohio there are totol of 721 national and state banks. Up until today there were 519 of the financial institutions in full operation.