Article Text
Oliver Springs Bank Receiver Appointed Sept. 16. E. Ford has been appointed receiver of the Tri-County National bank Oliver This bank into March which time was closed by acting for the comptroller of the currency.
18189. Tri County National Bank (Oliver Springs, TN)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- national
- Bank ID
- 11998
- Charter Number
- 11998
- Start Date
- March 1, 1933*
- Location
- Oliver Springs, Tennessee (36.045, -84.344)
Metadata
- Model
- gpt-5-mini
- Short Digest
eb0255ba6e40f11c
Response Measures
None
Receivership Details
- Depositor recovery rate
- 100.0%
- Date receivership started
- 1933-09-14
- Date receivership terminated
- 1937-12-14
- Share of assets assessed as good
- 17.7%
- Share of assets assessed as doubtful
- 59.0%
- Share of assets assessed as worthless
- 23.2%
Description
OCR-corrected text: article states a receiver (E. Ford) was appointed Sept. 16, 1933, for the Tri-County National Bank in Oliver Springs. The bank had been closed earlier (reported as closed in March) by action of the Comptroller of the Currency, indicating a government-ordered suspension leading to permanent closure and receivership.
Events (4)
1.
July 30, 1921
Chartered
- Source
- historical_nic
2.
March 1, 1933*
Suspension
- Cause
- Government Action
- Cause Details
- Bank was closed earlier in March by action of the Comptroller of the Currency (government intervention).
- Newspaper Excerpt
- This bank ... was closed by acting for the comptroller of the currency.
- Source
- newspapers
3.
September 14, 1933
Receivership
- Source
- historical_nic
4.
September 16, 1933
Receivership
- Newspaper Excerpt
- E. Ford has been appointed receiver of the Tri-County National bank ... Sept. 16.
- Source
- newspapers
Newspaper Articles (1)
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