Peoples Trust Company - Frackville, PA

Bank Information

Episode Type: Suspension → Closure
Bank Type: trust company
Start Date: August 27, 1932
Location: Frackville, Pennsylvania (40.784, -76.230)

Metadata

Model: gpt-5-mini
Short Digest: d78d793f

Response Measures

None

Description

Article (Republican and Herald, 1932-08-27) lists Peoples Trust Company of Frackville among 'closed banks' that will receive partial payment to depositors. No mention of a prior run; the bank is closed and partial distributions are being made (receiver/liquidation).

Events (1)

1. August 27, 1932 Receivership

Newspaper Excerpt: People's Trust Company. Frackville ... closed banks will receive part their deposits ... Distribution Will Be Made During Coming Week.
Source: newspapers

Newspaper Articles (1)

1. August 27, 1932 Republican and Herald Pottsville, PA

Article from Republican and Herald, August 27, 1932

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Article Text

CLOSED BANKS MAKE PARTIAL PAYMENT Distribution Will Be Made DurComing Week. Philadelphia. Aug. More than depositors in fifteen closed banks will receive part their deposits within the coming Dr. WilGordon. State Secretary announced today. The banks Conewago Trust Co., Warren, 10 per First Bank and Trust Co., WashingDeposit Bank. of McKeesport. per cent. $113,227. Bank and Trust Pittsburgh. per cent. $198,000. Trust Co., Washington, Pennsylvania Liberty Bank and Trust Co., cent., Bank. 10 per Trust Co., $44,761. People's Trust Company. Frackville, Darby Bank and Trust Company. $56,000. Glenside Bank and Trust Co., 10 per The remaining four institutions were