Eufaula National Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 5967
Charter Number: 5967
Start Date: October 1, 1922*
Location: Eufaula, Oklahoma (35.287, -95.582)

Metadata

Model: gpt-5-mini
Short Digest: 881cb9e3

Response Measures

None

Description

Article (Oct 25, 1922) states Eufaula National Bank suspended last week and that the State National Bank assumed all assets and liabilities and will pay depositors in full. No explicit run is mentioned and the assumption indicates the suspended bank did not resume independent operations (closure/takeover). Cause of suspension is not given in the article.

Events (4)

1. September 16, 1901 Chartered

Source: historical_nic

2. October 1, 1922* Suspension

Cause Details: Article does not state the reason for the suspension; only notes that the bank suspended the prior week.
Newspaper Excerpt: the Eufaula National bank which suspended last week
Source: newspapers

3. October 25, 1922 Receivership

Newspaper Excerpt: The State National bank here today assumed all assets and liabilities of the Eufaula National bank ... all depositors of the latter would be paid in full.
Source: newspapers

4. December 16, 1922 Voluntary Liquidation

Source: historical_nic

Newspaper Articles (1)

1. October 26, 1922 The Morning Tulsa Daily World Tulsa, OK

Article from The Morning Tulsa Daily World, October 26, 1922

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Article Text

Pay Depositers in Full. EUFAULA, Oct. 25.-The State National bank here today assumed all assets and liabilities of the Eufaula National bank which suspended last week and it was announced that all depositors of the latter would be paid in full.