First National Bank - Hampton, VA

Bank Information

Episode Type: Suspension → Reopening
Bank Type: national
Bank ID: 6842
Charter Number: 6842
Start Date: March 18, 1933
Location: Hampton, Virginia (37.030, -76.345)

Metadata

Model: gpt-5-mini
Short Digest: 68ab19a0

Response Measures

None

Description

OCR-corrected article. Text reports Samuel Plummer named conservator of the First National Bank (Hampton) and that plans are underway to restore unrestricted operations within a few days. This indicates a suspension/temporary conservatorship by banking authorities (government action) with intent to reopen; no run is described.

Events (3)

1. June 18, 1903 Chartered

Source: historical_nic

2. March 18, 1933 Suspension

Cause: Government Action
Cause Details: State/federal banking authorities appointed Samuel Plummer conservator and placed bank under conservatorship; operations restricted pending recapitalization and arrangements to resume unrestricted operations.
Newspaper Excerpt: Plummer Named First National Conservator: Situation Otherwise Unchanged.
Source: newspapers

3. November 6, 1933 Voluntary Liquidation

Source: historical_nic

Newspaper Articles (1)

1. March 18, 1933 Daily Press Newport News, VA

Article from Daily Press, March 18, 1933

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Article Text

CAPITAL Plummer Named First National Conservator: Situation Otherwise Unchanged. Continuation of plans for obtaining additional working quired the federal banking was being carried banks which are open only on stricted Samuel Plummer, executive vicepresident the First National Bank. this Mr. last night plans for capitalizarequired the treasury partment under banking reg ulations, are going forward. He expressed hope that the will be able resume unrestricted within few days. his function keep the bank its present condition pending completion of plans for unlimited the Crown Savings Bank. local Negro yesterday plans for new and capital bank has been by the state department basis additional ital obtained to balance the Otherwise the banking situation main virtually terday. The Citizens Marine Jefferson and the Morris Plan continued operate smoothly to factory Hampton, Col. Joseph Healy appointed servator First National there plans for merger Bank of Hampwent Corporation the opening three state These banks are the Bank Grottoes, Grottoes: the Claremont, the Bank Prince George County, Prince George Court commission's action brought the number of banks have open 219. leaving that unable to renew activity at present.