Park Savings - Washington, DC

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: February 9, 1935
Location: Washington, District of Columbia (38.895, -77.036)

Metadata

Model: gpt-5-mini
Short Digest: 1b7ef337

Response Measures

None

Description

Article (The Washington Times, 1935-02-09) states a receiver (John F. Morgan) is handling distributions to depositors of Park Savings, indicating the bank is in receivership and thus closed. No article text mentions a run, only receivership payouts. Bank type not specified in text; treated as unknown.

Events (1)

1. February 9, 1935 Receivership

Newspaper Excerpt: Some 4,500 depositors in the Park Savings, National Capitol Savings and Departmental Banks may get a total of $97,000 by calling at the offices of the receiver, John F. Morgan, Fourteenth and Kenyon Sts. N. W.
Source: newspapers

Newspaper Articles (1)

1. February 9, 1935 The Washington Times Washington, DC

Article from The Washington Times, February 9, 1935

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Article Text

3 District Banks To "Free" $97,000 Some 4,500 depositors in the Park Savings, National Capitol Savings and Departmental Banks may get a total of $97,000 by calling at the offices of the receiver, John F. Morgan, Fourteenth and Kenyon Sts. N. W.