Montgomery Savings Bank - Blacksburg, VA

Bank Information

Episode Type: Suspension → Reopening
Bank Type: savings bank
Start Date: April 1, 1884
Location: Blacksburg, Virginia (37.231, -80.427)

Metadata

Model: gpt-5-mini
Short Digest: 4efddf6c

Response Measures

None

Description

Article (The Daily Dispatch, 1884-04-01) reports the Montgomery Savings Bank in Blacksburg has suspended but is expected to be righted up and resume business in 30 or 60 days. No run or depositor panic is mentioned; suspension appears temporary with intent to reopen.

Events (1)

1. April 1, 1884 Suspension

Cause Details: Article gives no specific cause for the suspension; only states hope of being righted within 30 or 60 days.
Newspaper Excerpt: The Montgomery Savings Bank has suspended, but it is hoped that in thirty or sixty days it will be righted up and resume business as formerly.
Source: newspapers

Newspaper Articles (1)

1. April 1, 1884 The Daily Dispatch Richmond, VA

Article from The Daily Dispatch, April 1, 1884

Click image to open full size in new tab

Article Text

Virginia News Notes. Vontaine D. Brockman died in Charlottesville Saturday in the seventy-first year of his age. Our Blacksburg correspondent writes: " The Montgomery Savings Bank has suspended, but it is hoped that in thirty or sixty days it will be righted up and resime business as formerly."