Bank of Pottsville - Pottsville, PA

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 7, 1878
Location: Pottsville, Pennsylvania (40.686, -76.195)

Metadata

Model: gpt-5-mini
Short Digest: 96b89971

Response Measures

None

Description

The single line in the January 11, 1878 paper reports 'Jan. 7, Pottsville, Pa., bank closed.' No run is mentioned and no reopening is reported in these articles, so this is classified as a suspension leading to closure. Limited detail in the source—no cause or receivership information provided.

Events (1)

1. January 7, 1878 Suspension

Cause Details: Article only reports the bank was closed on Jan. 7; no cause (run, government action, or liquidation) is given.
Newspaper Excerpt: Jan. 7, Pottsville, Pa., bank closed.
Source: newspapers

Newspaper Articles (1)

1. January 11, 1878 The Emporia News Emporia, KS

Article from The Emporia News, January 11, 1878

Click image to open full size in new tab

Article Text

SUSPENDED.-Jan. 3, Jacob Bunn's banking house, Springfield, Illinois, liabilities $912,000. Mr. Bunn has for forty years been the leading banker in central Illinois, and turns over all bis property to his creditors. Jan. 4, State savings banks of Indianapolis, Ind.; the Rollingsford savings bank, Salmon Falls, N. H.; J. N. Thomas' banking house, Des Moines, lowa. Jan. 5, the Thompsonville, Ct., savings bank. Jan. 7, Pottsville, Pa., bank elosed, Also, Peddecord & Burrows bank, at Decatur, III, Jan. 8, the second national bank of St. Louis closed, but will pay all depositors in certified checks on the fourth national bank.