Bank of Richmond - Richmond, VA

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: December 23, 1930
Location: Richmond, Virginia (37.554, -77.460)

Metadata

Model: gpt-5-mini
Short Digest: cd50802a

Response Measures

None

Description

Article OCR is heavily garbled. The Des Moines Tribune item (1930-12-23) lists 'ONE IN VIRGINIA RICHMOND VA Bank of ... ed business Tuesday' indicating the Bank of Richmond ceased/closed business on or about Dec 23, 1930. The brief notice does not mention a depositor run or cause; other banks in the same item experienced runs, but the Richmond line gives no run language. Therefore classified as a suspension/closure (bank closed permanently). Cause is set to 'other' because the article does not specify whether closure was due to bank-specific insolvency, correspondent problems, or macro panic. Date taken as the newspaper date.

Events (1)

1. December 23, 1930 Suspension

Cause Details: Notice only states the bank 'ceased' or 'closed' business; no cause given in the article.
Newspaper Excerpt: ONE IN VIRGINIA RICHMOND VA Bank of Va ed business Tuesday
Source: newspapers

Newspaper Articles (1)

1. December 23, 1930 Des Moines Tribune Des Moines, IA

Article from Des Moines Tribune, December 23, 1930

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Article Text

TWO BANKS CLOSE CONN Hartford Riverside Trust Pallotti Andretta & Tuesday by Bank Lester E. following on both Capital of the Riverside Trust company given savings and ANOTHER IN MIAMI FLA City Bank of Miami Beach, heavy run did Tuesday morning The capital stock and of deposits ONE IN VIRGINIA RICHMOND VA Bank of Va ed business Tuesday The capitalized of