New Holland National Bank - New Holland, PA

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 2530
Charter Number: 2530
Start Date: March 4, 1932
Location: New Holland, Pennsylvania (40.102, -76.085)

Metadata

Model: gpt-5-mini
Short Digest: 62a0a8cd

Response Measures

None

Receivership Details

Depositor recovery rate: 82.5%
Date receivership started: 1939-05-31

Description

The single article (Mar 4, 1932) identifies The Farmers National Bank and Trust Company, Liquidating Agents of the New Holland National Bank, indicating the New Holland National Bank was closed and in liquidation. No run or depositor panic is mentioned in the clipping. I infer permanent closure/receivership/liquidation from the liquidating agents and public sale notice.

Events (4)

1. June 1, 1881 Chartered

Source: historical_nic

2. February 13, 1932 Voluntary Liquidation

Source: historical_nic

3. March 4, 1932 Receivership

Newspaper Excerpt: THE FARMERS NATIONAL BANK AND TRUST COMPANY, Liquidating Agents of the New Holland National Bank, New Holland, Penna.
Source: newspapers

4. May 31, 1939 Receivership

Source: historical_nic

Newspaper Articles (1)

1. March 4, 1932 Brandywine Archive Oxford, PA

Article from Brandywine Archive, March 4, 1932

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Article Text

Public Sale OF VALUABLE REAL ESTATE ON SATURDAY, MARCH 12, 1932 A large three-story Brick Restau rant, dining room and rooming house East Main Street, New Holland Bor ough, formerly known as THE NEW HOLLAND HOUSE A Brick Building, with apartments on second floor, on East Main Street, New Holland, formerly occupied by THE NEW HOLLAND NATIONAL BANK. At the same time some Office Fixtures will be sold. Sale to be held March 12th, 1932, at P. M. THE FARMERS NATIONAL BANK AND TRUST COMPANY, Liquidating Agents of the New Holland National Bank, New Holland, Penna. Amos N. Hershey, Auct.