Huntingdon Bank - Huntingdon, PA

Bank Information

Episode Type: Suspension → Closure
Bank Type: private
Start Date: June 13, 1911
Location: Huntingdon, Pennsylvania (40.485, -78.010)

Metadata

Model: gpt-5-mini
Short Digest: ea946f1e

Response Measures

None

Description

Article reports the Huntingdon Bank (a private institution owned by the estate of its late cashier C. H. Glazier) 'has closed its doors' on June 13, 1911. Closure followed steady withdrawals after the cashier's death and heavy investment in bonds of the incomplete Raystown Water and Power Company. No reopening or receivership mentioned in the text.

Events (1)

1. June 13, 1911 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Steady withdrawals after death of the cashier and funds largely invested in bonds of the incomplete Raystown Water and Power Company.
Newspaper Excerpt: The Huntingdon bank, a private concern owned by the estate of its late cashier, C. H. Glazier, has closed its doors.
Source: newspapers

Newspaper Articles (1)

1. June 14, 1911 The Citizen Honesdale, PA

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Article Text

HUNTINGDON BANK CLOSES. Private Institution In Central Part of State Suspends. Huntingdon, Pa., June 13.-The Huntingdon bank, a private concern owned by the estate of its late cashier, C. H. Glazier, has closed its doors. Since the death of Mr. Glazier the depositors have been steadily withdrawing their accounts, and this, in addition to the fact that the bank's funds are largely invested in the bonds of the incompleted Raystown Water and Power company, was responsible for the bank's suspension.