Franklin Savings Bank

Bank Information

Episode Type: Suspension → Reopening
Bank Type: savings bank
Start Date: June 2, 1869
Location: Norfolk, Virginia (36.847, -76.285)

Metadata

Model: gpt-5-mini
Short Digest: 7bd226d0

Response Measures

None

Description

The article is an announcement stating This Bank is Open for business and references a prior resumption of business (interest allowed on deposits since resumption from Jan 1, 1858). There is no mention of a contemporaneous run or new suspension. The item documents a reopening/resumption; cause of prior suspension is not given. Bank type inferred as a state savings bank.

Events (1)

1. June 2, 1869 Reopening

Newspaper Excerpt: This Bank is Open for business. Interest at the rate of SIX PER CENT per annum will be allowed on all existin. deposites made since the resumption o business, from the 1st of January 1858 ... This Bank is Open for business.
Source: newspapers

Newspaper Articles (1)

1. June 2, 1869 Norfolk Day Book Norfolk, Portsmouth, VA

Article from Norfolk Day Book, June 2, 1869

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Article Text

Banks. # FRANKLIN SAVINGS BANG OFFICE No. 42 BANK STRELI JNO. B. WHITEHEAD, President. Directors. SAM'L H. HODGES, J. 1. BLOODGOOD, WM. WARD, JNO. JAMES, Dr. WM. J. MOORE. J.G POLLARD. JOS. C. DEMING, Cashier. C. M. LANGLEY, Ass' Cashier This Bank is Open for business. Interest at the rate of SIX PER CENT per annum will be allowed on all existin. deposites made since the resumption o business, from the 1st of January 1858 and also, on all deposi es nereafter made from the date of deposite until date o withdrawal; ten days notice to be requi-ed, however, before withdrawal. No change in the rate of interest-8 per en allowed on old deposites. The account of the new Depositors aldept separat from the of the old, so as to answer tr demands the new Deposногь. An indebted to this Institution wh please call and pay, or cortait and rener their paper. babyh18-1v