Bank of Starbuck - Starbuck, WA

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: July 25, 1904
Location: Starbuck, Washington (46.520, -118.129)

Metadata

Model: gpt-5-mini
Short Digest: 08c3091b56b0ce10

Response Measures

None

Description

Single newspaper item (Aberdeen Herald, 1904-07-28) reports the Bank of Starbuck has suspended (Walla Walla, July 25). No run or reopening mentioned. The bank was newly established (~2 months), operated with scanty furniture and no safe and held about $1,000 deposits — suggesting failure from inadequate capitalization/management rather than rumor. Classified as suspension leading to closure since no reopening or rescue is reported.

Events (1)

1. July 25, 1904 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Newly established (~2 months) with scanty furniture, no safe, very small deposits (~$1,000) indicating inadequate capitalization/management led to suspension.
Newspaper Excerpt: Bank of Starbuck Suspends. Walla Walla, July 25.-The -- Bank of Starbuck has suspended.
Source: newspapers

Newspaper Articles (1)

1. July 28, 1904 Aberdeen Herald Aberdeen, WA

Article from Aberdeen Herald, July 28, 1904

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Article Text

Bank of Starbuck Suspends. Walla Walla, July 25.-The -- Bank of Starbuck has suspended. It was estab. lihed about two month ago by E. C. Mear, preident of the Wilnock bank. It has been endoucting business in a small room with scanty furniture and no safe. The deposits amounted to about $1,000