May State Bank - May, OK

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: *
Location: May, Oklahoma (36.617, -99.747)

Metadata

Model: gpt-5-mini
Short Digest: a8abede3

Response Measures

None

Description

Article (1926-04-01) states the new 'Bank of May' will occupy the building formerly owned by the suspended May State Bank; implies the suspended bank remained closed and was replaced by a new bank. No run is mentioned and no receiver is explicitly named. Cause of suspension not specified in the article.

Events (1)

1. * Suspension

Cause Details: Article only notes the bank was 'suspended'; no reason (runs, insolvency, or government action) is given.
Newspaper Excerpt: will be housed in the building formerly owned by the suspended May State Bank.
Source: newspapers

Newspaper Articles (1)

1. April 1, 1926 The Harper County Journal Buffalo, OK

Article from The Harper County Journal, April 1, 1926

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Article Text

New Bank to Open at May Mr. and Mrs. A. J. Chase and two daughters of Capron were in Buffalo Friday on their way to May to make arrangements to move there in a short time. Mr. Chase will be cashier of "The Bank of May," a new bank for which a charter was recently granted. L. L. Stine of Woodward will be president, and Mrs. May Chase, vice president. The new bank will be capitalized for $15,000, and will be housed in the building formerly owned by the suspended May State Bank. The building and fixtures have all been purchased by the new bank. It will be open for business the latter part of April or first of May. Mr. Chase and family are not strangers to Harper County people. He proved up a homestead six miles southwest of Supply and later was with the New State Bank of Woodward. From there he went to Capron and was cashier of the Capron State Bank until it was merged with the Bank of Capron.