Crowder State Bank - Crowder, OK

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: November 1, 1922*
Location: Crowder, Oklahoma (35.124, -95.670)

Metadata

Model: gpt-5-mini
Short Digest: b3fb0d94

Response Measures

None

Description

Article (Nov 28, 1922) reports the Crowder State Bank 'closed its doors several weeks ago' and is described as 'defunct' with large shortages; cashier arrested for falsifying accounts. No run is mentioned. The bank appears to have suspended and remained closed (permanent closure).

Events (2)

1. November 1, 1922* Suspension

Cause: Bank Specific Adverse Info
Cause Details: Bank closed after discovery of large shortages in accounts; alleged falsified ledger entry and missing funds (estimates $40,000 to $80,000).
Newspaper Excerpt: Miss Amy Osborn, Cashier of the Crowder State Bank which closed its doors several weeks ago, is under arrest
Source: newspapers

2. November 28, 1922 Other

Newspaper Excerpt: The Bank of Crowder is said to be short many thousands of dollars. Rumor current in that town says $80,000 ... more reliable ... $40,000.
Source: newspapers

Newspaper Articles (1)

1. November 28, 1922 The Daily Ardmoreite Ardmore, OK

Article from The Daily Ardmoreite, November 28, 1922

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Article Text

# GIRL CASHIER # HELD IN JAIL Shortage in Accounts of Defunct Bank at Crowder Cause of Her Arrest on Charges MCALESTER. - Miss Amy Osborn, Cashier of the Crowder State Bank which closed its doors several weeks ago, is under arrest, charged with falsifying accounts of the ledger on that institution. The specific item named in the information filed is that of an entry of $2,000 under the date of February 3, 1922, but which is alleged was missing from the totals given as cerdits of the bank that day. No shortage is attributed to Miss Osborn, but on advice of the state bank examiner, she was taken into custody on the charge namde. The Bank of Crowder is said to be short many thousands of dollars. Rumor current in that town says $80,000 timates name a sum of approximately but more reliable and conservative es- $40,000.