Amherst Savings & Banking Company (Amherst, OH)

Episode Information

Episode UID
1869506291579
Episode Type
Suspension → Reopening
Bank Type
state
Bank ID
186950629 hash
Start Date
July 1, 1931*
Location
Amherst, Ohio (41.398, -82.222)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
d28210a6d2b24d58

Response Measures

None

Description

Buyer name OCR-corrected as Lorain County Savings and Trust Company (Elyria); articles give no reason for July closure.

Events (3)
1. July 1, 1931* Suspension
Cause Details
Closed its doors in July 1931; article does not state a reason.
Newspaper Excerpt
which closed Its doors last July.
Source
newspapers
2. August 29, 1931 Other
Newspaper Excerpt
purchased the Amherst Savings and Banking Company... will be reopened as a branch office.
Source
newspapers
3. August 29, 1931 Reopening
Newspaper Excerpt
the Amherst bank will be reopened as a branch office.
Source
newspapers

Newspaper Articles (2)
1. August 29, 1931 The Piqua Daily Call Piqua, OH
Article from The Piqua Daily Call, August 29, 1931

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Article Text

BANK PURCHASES INSTITUTION AT ELYRIA ON FRIDAY Elyria, O., Aug. 29, Taylor, president of the Lorain County Savings and Trust Co:nDany of Elyria, today announced that his concern had purchased the Amherst Savings and Banking Company, which closed Its doors last July. Negotiations were completed terday among officials of both banks. The purchase price said to he $300,000. The Amberst bank will be reopened as a branch office.

2. August 29, 1931 The Daily Advocate Greenville, OH
Article from The Daily Advocate, August 29, 1931

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Article Text

TRUST COMPANY AMHERST United Elyria, Taylor, Saving and Trust Company Elyria, today announced that his concern has purchased the Amherst Savings and Banking Company, which closed its doors last July. Negotiations completed yesterday among officials both banks. The price said to be $300,000. The Amherst bank be reopened branch office.