Article Text
PENN. BANK CLOSED The Pennsylvania State Banking Department today taken possession of the Shenandoah Trust Company Shenandoah Pa. At its last called report the bank had deposits of Roberts Downtown Athletic
19529. Shenandoah Trust Company (Shenandoah, PA)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- trust company
- Start Date
- January 30, 1932
- Location
- Shenandoah, Pennsylvania (40.820, -76.201)
Metadata
- Model
- gpt-5-mini
- Short Digest
db95421d
Response Measures
None
Description
State banking department took possession of the Shenandoah Trust Company (PA) per newspaper reports dated 1932-01-30. No run or depositor agitation is reported; action appears to be government takeover leading to closure/receivership.
Events (2)
1.
January 30, 1932
Receivership
- Newspaper Excerpt
- State Department today announced it had taken possession of the Shenandoah Trust Company at Shenandoah, Pa.
- Source
- newspapers
2.
January 30, 1932
Suspension
- Cause
- Government Action
- Cause Details
- Pennsylvania State Banking Department took possession of the bank (state closure/takeover).
- Newspaper Excerpt
- The Pennsylvania State Banking Department today taken possession of the Shenandoah Trust Company Shenandoah Pa.
- Source
- newspapers
Newspaper Articles (2)
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Article Text
PENN. BANK CLOSED State Department today announced it had taken possession of the Shenandoah Trust Company at Shenandoah. Pa At its last called report the bank had deposits of $1,039,295.