Opportunity State Bank - Opportunity, WA

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: *
Location: Opportunity, Washington (47.657, -117.240)

Metadata

Model: gpt-5-mini
Short Digest: eaca4df0

Response Measures

None

Description

Article discusses a receiver for Opportunity State Bank and civil suit arising from alleged teller withdrawals (April 1931). No mention of a depositor run or reopening; bank appears to have been placed in receivership/closed. OCR errors in article corrected (e.g., names and punctuation).

Events (1)

1. * Receivership

Newspaper Excerpt: Deposit Company Asks Payment of $3000 in Opportunity Case... Fidelity Maryland Deposit company brought suit against Moody, receiver for the ... Schureman had withdrawn total of all but $3000 ... on April 1931 ... The deposit company, after paying the bond, claims the bank was in error ... James Williams is counsel for the company.
Source: newspapers

Newspaper Articles (1)

1. September 26, 1932 The Spokane Press Spokane, WA

Article from The Spokane Press, September 26, 1932

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Article Text

RECEIVER Deposit Company Asks Payment of $3000 in Opportunity Case. civil action growing out of leged withdrawals from the Opportunity State bank by Charles lington Schureman one of the tellers, started in Judge Lindsley's court Monday when the Fidelity Maryland Deposit company brought suit again Moody, receiver for the According to the complaint and testimony offered in court, bond for $3000 arranged the bank M. Somer, any possible fault on the part Schureman. was said further that on April 1931, charg. ed that Schureman had withdrawn total of all but $3000 which was covered by deposits. The deposit company, after pay. ing the bond. claims the bank was error in that they failed to make good had the after Schureman arranged to cover the drawals. James Williams is counsel for the company The case was continued in the afternoon.