23105. Bank of Rupert (Rupert, WV)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
January 24, 1932
Location
Rupert, West Virginia (37.963, -80.690)

Metadata

Model
gpt-5-mini
Short Digest
4f5b7531

Response Measures

None

Description

Articles (Jan 24, 1932) report the Bank of Rupert, Greenbrier County, WV, was closed by the state banking department and an assistant commissioner placed in charge. No mention of a depositor run or subsequent reopening; closure appears to be by government action (receiver/closing). OCR errors corrected (e.g., 'rectors' -> 'directors' or 'orders of the banking department'; 'placed charge' -> 'placed in charge').

Events (1)
1. January 24, 1932 Suspension
Cause
Government Action
Cause Details
Closed by orders of state banking department; assistant commissioner placed in charge
Newspaper Excerpt
Bank of Rupert, at Rupert, was closed today
Source
newspapers

Newspaper Articles (2)
1. January 24, 1932 Chicago Tribune Chicago, IL
Article from Chicago Tribune, January 24, 1932

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Article Text

Lists 240 Banks Closed in U.S. in Last 3 Weeks New York Jan. The Amer Ican Banker lists 240 bank suspenalons in the first three weeks of January In the last week Iowa re12 closings, Illinois, 11; Utah, and Missouri, New York and Call tied up by the January suspensions Two Illinois Banks Close. -The Farmers' State bank at Glasford and the Central Illinois Trust and bank at Mattoon were today. One in West Virginia. W. Va. [SpeJan. Bank of Rupert, at Ru pert, was closed today One In Indiana. Galveston Ind., Citizens' State Bank of was today The bank had been weakened with recently by It was capitalized at

2. January 24, 1932 The Raleigh Register Beckley, WV
Article from The Raleigh Register, January 24, 1932

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Article Text

BANK CLOSES Press Charleston, banking department today nounced the Bank of Rupert, Greenbrier county, been closed by orders of its rectors. John Nash, assistant commissioner, was placed charge,