State Bank - Amber, OK

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: June 25, 1930
Location: Amber, Oklahoma (35.160, -97.879)

Metadata

Model: gpt-5-mini
Short Digest: e76f7f0d

Response Measures

None

Description

Article reports criminal convictions in connection with the failure of the State Bank of Amber, indicating the bank failed and was closed. No article text describes a depositor run, so classified as a suspension/closure (permanent failure/receivership).

Events (2)

1. June 25, 1930 Other

Newspaper Excerpt: in connection with the failure of the State Bank of Amber.
Source: newspapers

2. June 25, 1930 Receivership

Newspaper Excerpt: Pleading guilty ... in connection with the failure of the State Bank of Amber.
Source: newspapers

Newspaper Articles (1)

1. June 25, 1930 Brownsville Herald Brownsville, TX

Article from Brownsville Herald, June 25, 1930

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Article Text

PLEADS GUILTY CHICKASHA Okla., June 25-(P) -Pleading guilty on two counts in connection with the failure of the State Bankof Amber. Luther Hollingswroth. cashier and principal owner of the bank stock, was sentenced today to serve two terms of four years each in the state penitentiary. The sentences will run concurrently. District Judge Will Linn pronounced sentence.