Peoples National Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 6798
Charter Number: 6798
Start Date: October 1, 1930*
Location: Roanoke, Virginia (37.271, -79.941)

Metadata

Model: gpt-5-mini
Short Digest: 1977ee1c

Response Measures

None

Description

The article (May 20, 1931) reports suits filed by a bank receiver stemming from the closing of the People's (Peoples) National Bank in October (likely October 1930). No run is described; the bank was closed and a receiver is active. I inferred the October closing occurred prior to May 1931 (assigned 1930-10-00 for the suspension date because the article gives only month).

Events (4)

1. May 23, 1903 Chartered

Source: historical_nic

2. February 21, 1906 Voluntary Liquidation

Source: historical_nic

3. October 1, 1930* Suspension

Cause: Government Action
Cause Details: Bank was closed and placed in receivership (closing occurred in October; receiver later filed suits).
Newspaper Excerpt: the closing of the the People's National Bank ... October were filed today
Source: newspapers

4. May 20, 1931 Receivership

Newspaper Excerpt: BANK RECEIVER FILES SUITS ... against the estates ... in October were filed today by the ... receiver here for the People's National Bank (May 20, 1931 article reporting suits filed by the bank's receiver).
Source: newspapers

Newspaper Articles (1)

1. May 20, 1931 The Roanoke Times Roanoke, VA

Article from The Roanoke Times, May 20, 1931

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Article Text

TO HONOR YORK May (Special) and BANK RECEIVER FILES SUITS University here will honor one May nation's having to the closing of the the People's National Bank Sigma Delta journal- October were filed today the ism luncheon Federal district here by for York Tucker, Hawkins former estates the late C. the United and the board of the Walthal, He Tolley. vacation Virginia Hot from feature the An against presentation the Sigma of collect scholarship key for 1931 $3,000, was cured equipment rights in This theatre key the national council Sigma Delta Chi Dokkies Lay Plans for his first three years college. For Ceremonial At