Red Rock State Bank - Red Rock, OK

Bank Information

Episode Type: Run Only
Bank Type: state
Start Date: April 26, 1933
Location: Red Rock, Oklahoma (36.459, -97.179)

Metadata

Model: gpt-5-mini
Short Digest: 0439bd62

Response Measures

Partial suspension

Other: Withdrawal percentage restriction increased by state bank commissioner

Description

Article (Apr 26, 1933) reports the State Bank Commissioner modified withdrawal restrictions for Dustin State Bank, raising allowed withdrawals from 10% to 20%. This indicates withdrawal controls during the 1933 banking crisis but no suspension or closure of the bank is mentioned.

Events (1)

1. April 26, 1933 Run

Cause: Macro News
Cause Details: Regulatory modification of withdrawal limits during widespread 1933 banking crisis (no specific local cause described).
Measures: State bank commissioner modified withdrawal restrictions: allowed withdrawals increased from 10% to 20%.
Newspaper Excerpt: withdrawals of the Dustin State Bank, Dustin, were increased from 10 to 20 per cent
Source: newspapers

Newspaper Articles (1)

1. April 26, 1933 The Ada Evening News Ada, OK

Article from The Ada Evening News, April 26, 1933

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Article Text

THREE BANKS MODIFIED April 26. changes in bank re-, strictions in Oklahoma were nounced today by Barnett, state bank commissioner. Bank Tipton was changed from per cent withdrawal bank moratorium; withdrawals of the Dustin State Bank, Dustin, were increased from 10 to 20 per cent and the Red Rock State Bank, Red Rock, was changed from 50 per cent withdrawal classification to unrestricted. boro's boys and girls graduated from school by mail. High water for two weeks the nual exercises, school authorities entrusted the diplomas to the postman.