Miami National Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 12011
Charter Number: 12011
Start Date: December 1, 1930*
Location: Miami, Florida (25.774, -80.194)

Metadata

Model: gpt-5-mini
Short Digest: 7d81e09c

Response Measures

None

Description

Article (Jan 1, 1931) reports that Miami National Bank closed recently and depositors lost funds. No run is mentioned; the bank appears to have closed permanently. Exact closure date not given; inferred as late 1930/very recently before Jan 1, 1931.

Events (4)

1. August 31, 1921 Chartered

Source: historical_nic

2. March 21, 1923 Voluntary Liquidation

Source: historical_nic

3. December 1, 1930* Suspension

Cause Details: Article only states the bank closed recently; no cause (run, government action, or specific insolvency reason) is given in the text.
Newspaper Excerpt: Miss Grace Woods telling of the loss of all the family funds in the Miami National Bank which closed recently.
Source: newspapers

4. * Other

Newspaper Excerpt: The closure leaving them practically- without funds. (report of depositor loss.)
Source: newspapers

Newspaper Articles (1)

1. January 1, 1931 Burlington Junction Post Burlington Junction, MO

Article from Burlington Junction Post, January 1, 1931

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Article Text

LOSE IN FLORIDA BANK FAILURE. The loss of funds in bank failures is getting to be an annual vent for Judge Wm. Woods and family. Last January when they were at their winter home at Hallywood, Fla., they lost considerable when the First National Bank here was closed. This year Judge Woods debated little as to whether the Florida trip, but finally decided to do SO. A few days ago friends here received letter from Miss Grace Woods telling of the loss of all the family funds in the Miami National Bank which closed recently. They had only a few dollars in the house, the closure leaving them practically- without funds.