Park Savings - Washington, DC

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: March 6, 1938
Location: Washington, District of Columbia (38.895, -77.036)

Metadata

Model: gpt-5-mini
Short Digest: 686799ca

Response Measures

None

Description

Article (Evening Star, 1938-03-06) states John F. Moran is receiver for Park Savings and three other banks and has moved his office from the old Park Savings Bank building. No mention of a run or temporary suspension; receiver indicates the bank was taken into receivership (permanent closure). Building was sold to Gulf Oil. No other events described.

Events (1)

1. March 6, 1938 Receivership

Newspaper Excerpt: John F. Moran, receiver for four banks, has moved his offices from the old Park Savings Bank Building ... The four banks in charge of Receiver Moran are Park Savings, Departmental Bank, North Capitol Savings Bank and Prudential Bank.
Source: newspapers

Newspaper Articles (1)

1. March 6, 1938 Evening Star Washington, DC

Article from Evening Star, March 6, 1938

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Article Text

JOHN F. MORAN, BANKS' RECEIVER, MOVES OFFICE John F. Moran, receiver for four banks, has moved his offices from the old Park Savings Bank Building, at Fourteenth and Kenyon streets, to the Brightwood Bank Building, at 5913 Georgia avenue, where he will be ready for business tomorrow morning. The four banks in charge of Receiver Moran are Park Savings, Departmental Bank, North Capitol Savings Bank and Prudential Bank. The old Park Savings Bank was vacated because it was sold to the Gulf Oil Corp., which will demolish it for a new service station, as announced months ago.