Bank of Pocahontas - Pocahontas, VA

Bank Information

Episode Type: Suspension → Reopening
Bank Type: state
Start Date: March 1, 1933*
Location: Pocahontas, Virginia (37.305, -81.340)

Metadata

Model: gpt-5-mini
Short Digest: cf94a0c3

Response Measures

None

Description

Article (The News-Virginian, 1933-03-30) reports the First National Bank of Aberdeen, Md. 'had been licensed for opening effective' — indicating it is being reopened after prior restrictions/closure. The text does not explicitly describe the earlier suspension, but the phrasing ('authorized to lift restrictions' / 'licensed for opening') implies a prior suspension likely tied to the March 1933 banking holiday/government action. I therefore classify this as a suspension followed by reopening. Dates for the prior suspension are not given in the excerpt, so the suspension date is set as an assumed March 1933 (unknown day) and noted here.

Events (2)

1. March 1, 1933* Suspension

Cause: Government Action
Cause Details: Implied prior restrictions/closure likely due to the March 1933 banking holiday and regulatory actions; article indicates restrictions were lifted by licensing to reopen.
Newspaper Excerpt: authorized to lift restrictions ... had been licensed for opening
Source: newspapers

2. March 30, 1933 Reopening

Newspaper Excerpt: the First National Bank of Aberdeen of Aberdeen, Md., had been licensed for opening effective
Source: newspapers

Newspaper Articles (1)

1. March 30, 1933 The News-Virginian Waynesboro, VA

Article from The News-Virginian, March 30, 1933

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Article Text

MORE BANKS OPENED- State banking division today nounced the Bank of Pocahontas Pocahontas, Va. has been authorized to lift restrictions operate unrestricted basis The eral Reserve Bank of Richmond today announced that the First tional Bank of Aberdeen of Aberdeen, Md., had been licensed for opening effective