Coplay National Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 9113
Charter Number: 9113
Start Date: March 1, 1933*
Location: Coplay, Pennsylvania (40.670, -75.495)

Metadata

Model: gpt-5-mini
Short Digest: de77fe34

Response Measures

None

Description

OCR errors in the article were corrected (e.g., fragmented sentences). The article states the bank suspended operation in obedience [to a] closing order during [the] emergency of early March 1933 (the nationwide banking holiday). No explicit run is described and no definitive reopening is reported; therefore classified as a suspension with permanent closure outcome (receiver/closure implied by federal hearing and charges).

Events (2)

1. April 21, 1908 Chartered

Source: historical_nic

2. March 1, 1933* Suspension

Cause: Government Action
Cause Details: Suspended operations by order during the emergency banking closing (early March 1933 banking holiday/closing order).
Newspaper Excerpt: the bank's value ... were closely suspended operation in cbedience closing order during emergency of early March
Source: newspapers

Newspaper Articles (1)

1. June 1, 1933 The Morning Call Allentown, PA

Article from The Morning Call, June 1, 1933

Click image to open full size in new tab

Article Text

Five Coplay Bank Officials Face Hearing Today on Federal Charge (Continued from Page One) gularities revolved around suspected and illegal that The Coplay National bank was ganized about years ago regarded surand profits of capital their peak. the bank's value proximately $450 and were closely suspended operation in cbedience closing order during emergency of early March failed permit reopen for the conduct general banking federal stricted Ray Kiechel, Northampton. vice president the bank named March William H. the bank's not active as chairman the board has bank for for has Although still the that position. has the beexecutive Kramer one Coplay's completing second term chief burgess the borough. which he was elected Democrat He son of the Peter postmaster Coplay during Wilson administra- one time justice of the Arthur Levan Walker have the many former engaged the teller's window and former merchant Copthe Walker members the directors and substantial amounts of its shares The bank's chiefly industry hard by the production due with als bank made during the three election of increased Vice proprietor Coplay and Electric added this the board intact for number years. Recent reports were quite optimistic for an resumption general banking plans for them been Both Morris Caplan Aaron Aronsky latter to dispatch as "Lehigh are residents of the and Steel company. Much both business the of abandoned industrial plants salvaging ma-