Bank of Clover - Clover, VA

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: September 7, 1934
Location: Clover, Virginia

Metadata

Model: gpt-5-mini
Short Digest: 622f2fc3

Response Measures

None

Description

Article (Richmond Times-Dispatch, 1934-09-08) states the bank is closed and receivers announced final dividend to depositors. No mention of a prior run in the provided text, only that the bank is closed and in receivership; therefore classified as a suspension leading to permanent closure/receivership.

Events (1)

1. September 7, 1934 Receivership

Newspaper Excerpt: T. and Lucius receivers for the Bank of Clover, Halifax County, announced day that final dividend ... would be paid to depositors the closed bank next ... This final dividend bring the depositors per their the bank.
Source: newspapers

Newspaper Articles (1)

1. September 8, 1934 Richmond Times-Dispatch Richmond, VA

Article from Richmond Times-Dispatch, September 8, 1934

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Article Text

Clover Bank Receivers To Pay Final Dividend SOUTH Sept. 7-T. and Lucius receivers for the Bank of Clover, Halifax County, announced day that final dividend of would be paid to depositors the closed bank next the Bank Clover This final dividend bring the depositors per their the bank. The every hand by the effects the pression, which hit Halifax especially hard.