Bank of Greenwood - Greenwood, SC

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 27, 1933
Location: Greenwood, South Carolina (34.194, -82.154)

Metadata

Model: gpt-5-mini
Short Digest: 46ed9e0d

Response Measures

None

Description

Article (Jan 27, 1933) reports the Bank of Greenwood and its Ninety Six branch failed to open for business and the state bank examiner assumed charge of both institutions for period of thirty days. No run is mentioned. The article does not state whether the banks later reopened; government assumption of charge is recorded as the cause. I classify as suspension_closure because the bank was closed by government action and no reopening is reported in the text.

Events (1)

1. January 27, 1933 Suspension

Cause: Government Action
Cause Details: State bank examiner assumed charge of the bank and its Ninety Six branch and they failed to open for business; closure enacted by examiner for 30 days.
Newspaper Excerpt: Bank of Greenwood And Branch Closed ... failed to open for business Friday ... state bank examiner, his office had assumed charge of both institutions for period of thirty days.
Source: newspapers

Newspaper Articles (1)

1. January 27, 1933 The Atlanta Journal Atlanta, GA

Article from The Atlanta Journal, January 27, 1933

Click image to open full size in new tab

Article Text

Bank of Greenwood And Branch Closed GREENWOOD S. C., Jan. Bank and its at Six failed to open for business Friday notice signed by Albert S. Fant. state bank examiner, his office had assumed charge of both institutions for period of thirty days. bank at 000 Its last statement, De. cember 31, listed deposits of 138, and loans and $883,841 Its Ninety Six branch listed deposits of $64,555 Officers are John B. Sloan, president: Fred Allen. vice president. and Erwin