Bank of Marlboro - Bennettsville, SC

Bank Information

Episode Type: Suspension → Reopening
Bank Type: state
Start Date: March 1, 1933*
Location: Bennettsville, South Carolina (34.617, -79.685)

Metadata

Model: gpt-5-mini
Short Digest: c39cd844

Response Measures

None

Description

Article (Greenville News, 1933-03-18) lists Farmers Bank, Belton among state banks authorized to resume unrestricted operations after the state banking holiday in March 1933. No run or depositor panic mentioned; this is a suspension (state-ordered holiday) followed by reopening.

Events (3)

1. March 1, 1933* Suspension

Cause: Government Action
Cause Details: State-imposed banking holiday / order by State Board of Bank Control (Governor Blackwood) that had closed state banks earlier in March 1933.
Newspaper Excerpt: STATE BANKS TO RESUME BUSINESS TODAY ... South Carolina banking which began March lifted today. The state board of bank control ... authorized 89 nonfederal reserve state banks ... to resume unrestricted operations tomorrow
Source: newspapers

2. March 18, 1933 Reopening

Newspaper Excerpt: The state board of bank control ... authorized 89 nonfederal reserve state banks ... to resume unrestricted operations tomorrow ... Farmers bank, Belton (listed among banks authorized to reopen).
Source: newspapers

3. * Other

Source: newspapers

Newspaper Articles (1)

1. March 18, 1933 The Greenville News Greenville, SC

Article from The Greenville News, March 18, 1933

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Article Text

Farm Relief Program Promises To Develop Into Bitter Legislative War STATE BANKS TO RESUME BUSINESS TODAY Unrestricted Bank Business Permitted By Order Blackwood Holiday Beginning March Lifted And Normal Work Will Be Resumed TOTAL 108 IN STATE ARE NOW OPERATING Strict Instructions For Building And Loan Bodies Issued By Governor COLUMBIA, Mar. South Carolina banking which began March lifted today. The state board of bank control, under direction of Govenor Blackwood, authorized 89 nonfederal reserve state banks and cash depositories to resume unrestricted operations tomorrow, except the regulation against 10 NATIONAL BANKS Permission was given 10 national banks and four state bank members of the Federal reserve system, which at the request had been observing the state holiday. to reopen today. Five national banks. which along with these had been authorized by the federal reserve to reopen earlier in the week, already had resumed operations. South Carolina 108 banks either open today authorized to begin unrestricted business tomorrow. The board control gave eight additional state banks authority to open tomorrow under depositors' Lements, or court order. The board of control. after six of day and retonight until noon Monday. H. Scarborough. chairman. all banks not announced for would be taken again when the board resumes its The following banks and cash deto resume business: The state banks were authorized to reopen unrestrictedBank of Abbeville, Abbeville Allendale Cash depository, AllenFarmers and Merchants bank, Aiken. Bank of Barnwell, Barnwell Batesburg Cash depository. Batesburg Farmers bank, Belton. Marlboro Trust company, Bennettsville. Bank Marlboro, Bennettsville. and Farmers Bethune. Peoples bank, Bishopville. Bank of Blackville, Blackville. Citizens and bank, and Merchants bank, Charleston. Carolina Savings bank, Charles- Mutual Savings bank, Charleston White Chester. Commercial Bank of Chester, Continued on Page 6, Col.