North Capital Savings Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: savings bank
Start Date: *
Location: Washington, District of Columbia (38.895, -77.036)

Metadata

Model: gpt-5-mini
Short Digest: 136fbc11

Response Measures

None

Description

Article (Evening Star, 1942-01-14) refers to the North Capital Savings Bank as 'closed' and 'defunct' with a receiver (John F. Moran) and a final dividend to depositors — indicates a permanent closure with receiver. No run is mentioned in the provided text.

Events (2)

1. * Receivership

Newspaper Excerpt: Depositors of the closed North Capital Savings Bank ... John F. Moran, receiver, announced today.
Source: newspapers

2. * Suspension

Cause: Government Action
Cause Details: Bank is closed and in receivership; final dividend to be paid by receiver John F. Moran.
Newspaper Excerpt: Depositors of the closed North Capital Savings Bank will receive a final dividend of 5.39 per cent shortly after February 1, Mr. Moran said.
Source: newspapers

Newspaper Articles (1)

1. January 14, 1942 Evening Star Washington, DC

Article from Evening Star, January 14, 1942

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Article Text

Two Closed Banks to Pay Final Dividend Soon Depositors in the defunct Park Savings Bank will receive their final dividend of 4.18 per cent beginning Monday, John F. Moran, receiver, announced today. Depositors of the closed North Capital Savings Bank will receive a final dividend of 5.39 per cent shortly after February 1, Mr. Moran said. The Park Savings disbursement will amount to $120,000. bringing to 36.68 per cent of proved caims the total paid creditors of the institution. The North Capital Savings payment will be $50,700, raising to 36.64 per cent of proved claims the total paid creditors.