Commercial Savings Bank - Farmville, VA

Bank Information

Episode Type: Suspension → Reopening
Bank Type: savings bank
Start Date: September 29, 1905
Location: Farmville, Virginia (37.302, -78.392)

Metadata

Model: gpt-5-mini
Short Digest: 82ac14d9

Response Measures

None

Description

Article (1905-09-29) reports the Commercial Savings Bank adopted a precautionary temporary suspension during recent financial troubles; no run is mentioned and the suspension is described as temporary/precautionary, implying intent to reopen. Cause interpreted as broader financial distress ('financial troubles').

Events (1)

1. September 29, 1905 Suspension

Cause: Macro News
Cause Details: Precautionary temporary suspension taken in response to recent sudden financial troubles affecting the community (general banking distress/panic).
Newspaper Excerpt: the precautionary measure of temporary suspension which has been adopted by the Commercial Savings
Source: newspapers

Newspaper Articles (1)

1. September 29, 1905 The Farmville Herald Farmville, VA

Article from The Farmville Herald, September 29, 1905

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Article Text

During the financial troubles which so suddenly and unexpectedly came upon our people, we are glad to notice that as a general thing the utmost confidence is felt in our banking institutions; and that the precautionary measure of temporary suspension which has been adopted by the Commercial Savings and the Planters Bank meets with approval.