18285. Bank of Amity (Amity, OR)

Bank Information

Episode Type
Suspension → Reopening
Bank Type
state
Start Date
August 15, 1933
Location
Amity, Oregon (45.116, -123.207)

Metadata

Model
gpt-5-mini
Short Digest
31df7111

Response Measures

None

Description

Articles (Aug 15-16, 1933) report that the Bank of Amity's suspension/restrictions were extended until September 11 by the state Bank Superintendent. No run or permanent closure is mentioned; this appears to be a temporary regulatory suspension (extension of restrictions), so classified as a suspension with likely reopening later.

Events (1)

1. August 15, 1933 Suspension
Cause
Government Action
Cause Details
Bank Superintendent A. A. Schramm announced extension of restriction/suspension period for the Bank of Amity until September 11, 1933.
Newspaper Excerpt
Bank of Amity, suspension extended until September 11.
Source
newspapers

Newspaper Articles (2)

Article from The Bulletin, August 15, 1933

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Article Text

Restrictions in Dregon Are Extended Salem, Aug. Extension periods of restriction of nine Orebanks was announced today Bank Superintendent A: A. bramm. Previous restrictions extonight. banks Albany State bank, suspension OXuntil August 30. of Amity. suspension exuntil September 11. Aumsville State bank, suspension tended until September 11.


Article from The Oregon Daily Journal, August 16, 1933

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Article Text

for riods of restriction of nine Oregon banks announced Tuesday by Bank Superintendent A. A. Schramm. Previous restrictions expired last night. The banks are: Albany State bank suspension extended August Bank of Amity, suspension extended September Aumsville State bank, suspension extended until September 11. Washington County bank at Banks, suspension extended until August 30. Bank Beaverton. suspension extended until August 30. Bank of Sellwood Portinad suspension extended until August Eastern Oregon Banking company at Shaniko suspension extended to September 11. Coolidge & McClaine bank at Silverton, suspension extended until September In addition to these extensions. ordreleases of deposits in three banks, as follows: Albany State bank. An additional release deposits in the commercial effective August 18. making total deposits in the department 15 per cent and in savings depart10 per bank, an additional release of cent. of deposits effective 21, total unrestricted balance of 20 per cent. in both Bank of Sellwood. An additional release of 10 per cent of deposits in the department effective August 18, total unrestricted the department of 20 per cent. and in the commercial department of 10 per cent. PLANS FOR NORTH BEND BANK REOPENING REJECTED Washington, Aug. -(U.P)-Reorganization plans for the First National Bank of North Bend, have been rejected by the of the currency, the United Press learned The bank. it was understood. at present new plans be submitted to the treasury department so that it may be granted a 11cense to