American Security Bank - Vancouver, WA

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: April 18, 1929
Location: Vancouver, Washington (45.639, -122.661)

Metadata

Model: gpt-5-mini
Short Digest: dbe7a6bb

Response Measures

None

Description

Newspapers report the American Security Bank of Vancouver was closed on April 18, 1929 and taken by the state bank supervisor for liquidation. OCR errors in articles (quidation = liquidation). There is no mention of a depositor run; closure is by state action/receiver.

Events (2)

1. April 18, 1929 Receivership

Newspaper Excerpt: The bank has been taken by the state bank supervisor for quidation. ... taken by the state bank supervisor for quidation (liquidation).
Source: newspapers

2. April 18, 1929 Suspension

Cause: Government Action
Cause Details: Taken by the state bank supervisor for liquidation after inability to keep required cash/reserve levels.
Newspaper Excerpt: VANCOUVER, Wash., April 18. ... closing of today caused the law the American Security bank here. The bank has been taken by the state bank supervisor for quidation.
Source: newspapers

Newspaper Articles (2)

1. April 18, 1929 Astoria Evening Budget Astoria, OR

Article from Astoria Evening Budget, April 18, 1929

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Article Text

VANCOUVER BANK CLOSES VANCOUVER, Wash., April 18. keep the cash to required by to the figure reserve closing of today caused the law the American Security bank here. The bank has been taken by the state bank supervisor for quidation. The bank, state incapitalized stitution, $50,000.

2. April 18, 1929 The Bulletin Bend, OR

Article from The Bulletin, April 18, 1929

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Article Text

BANK CLOSED Vancouver, Wash., Apr. to keep the cash serve to the figure required by law, today caused the closing of the American Security bank here. The bank had been taken by the state bank supervisor for quidation. The bank was closed following an all night session tended by officers and board of directors, H. H. Hansen, deputy bank supervisor, and Barnes, state bank examiner.