First National Bank - Lynchburg, VA

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 1558
Charter Number: 1558
Start Date: December 15, 1933
Location: Lynchburg, Virginia (37.414, -79.142)

Metadata

Model: gpt-5-mini
Short Digest: 9f1d8a02

Response Measures

None

Description

Article (Dec 15, 1933) discusses receivership proceedings and an offer of an RFC loan being declined for the First National Bank of Lynchburg. No run or reopening is mentioned; the bank is in receivership, implying suspension and closure.

Events (1)

1. December 15, 1933 Receivership

Newspaper Excerpt: receiver for Bank was followed statement ... receivership proceedings sought for ... the First National Bank of Lynchburg.
Source: newspapers

Newspaper Articles (1)

1. December 15, 1933 The Roanoke Times Roanoke, VA

Article from The Roanoke Times, December 15, 1933

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Article Text

PROFFERED LOAN DECLINED Larger Amount to Be Sought Through New Channel by State and City Receiver yesterday that the Announcement the had Trust receiver for Bank was followed statement trust officer the MounAdams, Trust that the offer of the loan not larger Application by ago and Mr. Adams larger than through the The RFC according an order recently in hustings court entered where receivership proceedings sought for two distribution 50 the lawful claims outstanding obligations due by the the RFC CoBank and the First National Bank of Lynchburg.