Multiple newspapers report the State Banking Department announced the failure/closure of the Reddick State Bank (Tallahassee notice dated July 16, 1930). No articles describe depositor runs; closure appears to be by regulatory action/insolvency.
Events (2)
1.July 16, 1930Receivership
Newspaper Excerpt
Failure of three state banks was announced today by the State Banking Department... the Reddick State Bank of Reddick, Fla., failed.
Source
newspapers
2.July 16, 1930Suspension
Cause
Government Action
Cause Details
State Banking Department announced the failure/closure of the bank (regulatory action following insolvency).
Newspaper Excerpt
Failure of three state banks was announced today by the State Banking Department... the Reddick State Bank of Reddick, Fla., failed.
Source
newspapers
Newspaper Articles (3)
1.July 16, 1930The World-NewsRoanoke, VA
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Article Text
Announces Failure of Three Florida Banks
Tallahassee July 16 three State charter new institution today the fice the State Banking department The First Bank the Bank Point Fla. the Reddick State Bank of The First Bank opened $958 23 deposit on March 27. here. was capitalized at $175.-
The Bank of Canal Point had deJune 30, and The Reddick State on June 30 had new bank Miami Beach be known Bank Miami Beach The will capital stock $100,000 and sur-
2.July 17, 1930The Sacramento UnionSacramento, CA
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Article Text
Three Florida Banks Close Their Doors
Failure of three state banks was announced today by the State Banking Department. The First Bank of Lake Worth, Fla., the Bank of Canal Point. Fla., and the Reddick State Bank of Reddick, Fla., failed.
3.September 24, 1931The Doniphan HeraldDoniphan, NE
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Article Text
Announces Failure of Three Florida Banks
Tallahassee July 16 three State charter new institution today the fice the State Banking department The First Bank the Bank Point Fla. the Reddick State Bank of The First Bank opened $958 23 deposit on March 27. here. was capitalized at $175.-
The Bank of Canal Point had deJune 30, and The Reddick State on June 30 had new bank Miami Beach be known Bank Miami Beach The will capital stock $100,000 and sur-