Bank of Wann - Wann, OK

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: May 19, 1922
Location: Wann, Oklahoma (36.915, -95.804)

Metadata

Model: gpt-5-mini
Short Digest: 0e28425e

Response Measures

None

Description

Newspaper reports the failure/suspension of the Bank of Wann (Nowata County). Article (May 19/20, 1922) describes it as a failure and not merely a temporary run; a State Bank Examiner is quoted. Correspondent banks had been refusing checks due to reported instability. I infer a suspension leading to permanent closure/receivership.

Events (2)

1. May 19, 1922 Receivership

Newspaper Excerpt: The failure of the bank of Wann, Nowata county ... declared State Bank Examiner Patten this morning.
Source: newspapers

2. May 19, 1922 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Reported condition of instability of the Bank of Wann led correspondent banks to stop accepting its checks for several weeks, precipitating suspension/failure.
Newspaper Excerpt: The failure of the bank of Wann, Nowata county, which was reported this morning as due to the suspension of the Bartlesville State bank, was not connected in any way with the suspension of the local institution ...
Source: newspapers

Newspaper Articles (1)

1. May 20, 1922 The Morning Tulsa Daily World Tulsa, OK

Article from The Morning Tulsa Daily World, May 20, 1922

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Article Text

DISCLAIM THE DISTINCTION Bartlesville Bank Not Cause of Insolvency of Bank of Wann. BARTLESVILLE, May 19.-The failure of the bank of Wann, Nowata county, which was reported this morning as due to the suspension of the Bartlesville State bank, was not connected in any way with the suspension of the local institution except posibly in a moral way, declared State Bank Examiner Patten this morning. It was learned today that Bartlesville banks have not been accepting checks on the Wann bank for several weeks because of the reported condition of instability of that institution.