First National Bank - Greensburg, PA

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 2558
Charter Number: 2558
Start Date: August 3, 1934
Location: Greensburg, Pennsylvania (40.301, -79.539)

Metadata

Model: gpt-5-mini
Short Digest: 1770232d

Response Measures

None

Description

Article fragment (Latrobe Bulletin, 1934-08-03) reports a receiver and liquidation for the First National Bank of Greensburg; no run is mentioned in the provided text. Because a receiver is handling liquidation (permanently closing the bank) and there is no evidence of a depositor run in the excerpt, I classify this as suspension_closure (suspension implied by receivership/closure). OCR fragmentary; I corrected formatting but not substantive details.

Events (2)

1. August 3, 1934 Other

Newspaper Excerpt: The dividend ... took care more than half the liabilities ... the receiver has made further collections ... costs of the conservatorship totaled $3,293.43 while the receiver costs totaled up to June ...
Source: newspapers

2. August 3, 1934 Receivership

Newspaper Excerpt: BANK RECEIVER SPEEDS LIQUIDATION ... Mr. McTighe, the receiver, has had long banking experience as he the First National Bank with Greensburg for nearly 31 years.
Source: newspapers

Newspaper Articles (1)

1. August 3, 1934 Latrobe Bulletin Latrobe, PA

Article from Latrobe Bulletin, August 3, 1934

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Article Text

BANK RECEIVER SPEEDS LIQUIDATION (Continued from first page) quently established. bringing the total to The dividend of took care more than half the libilities, and since the report was published the ceiver has made further collections nearly half of the R. loan repaid. The costs of the conservatorship totaled $3,293.43 while the receivercosts totaled up to June ship Mr. McTighe. the receiver, has had long banking experience as he the First National Bank with Greensburg for nearly 31 years.