287. Bank of Centerton (Centerton, AR)

Bank Information

Episode Type
Suspension → Reopening
Bank Type
state
Start Date
November 1, 1930*
Location
Centerton, Arkansas (36.360, -94.285)

Metadata

Model
gpt-5-mini
Short Digest
af9866a5b390e652

Response Measures

None

Description

Articles report the Bank of Centerton had suspended (previous month) and that the State Banking Department announced its re-opening. No mention of a depositor run or withdrawals in the texts provided. The suspension appears to have been regulator-noted; exact suspension date not given (assumed November 1930 based on 'suspended last month').

Events (2)

1. November 1, 1930* Suspension
Cause
Government Action
Cause Details
Article states the institution suspended last month; reopening was announced by the State Banking Department, implying regulatory involvement.
Newspaper Excerpt
The Institution suspended last month.
Source
newspapers
2. December 14, 1930 Reopening
Newspaper Excerpt
Re-opening of the Bank of Centerton at Centerton, Ark. was announced to-day by the State Banking Department The Institution suspended last month.
Source
newspapers

Newspaper Articles (2)

Article from Daily Press, December 14, 1930

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Article Text

five years at least, and compared with 95.9 on last Saturday. While gilt edged bonds ignored fundamental conditions favorable to stable prices, United States governments were uniformly higher. Banks have been switching from domestic corporate Issues to treasury notes and Liberty bonds, which can be quickly liquidated. With few notable exceptions foreign bonds were under pressure. Cologne City 6½ dipped 11½ points on few sales and rome City 6½8 reached a new year's low at 70% Fractional advances in German gov ernments were offset by drops in over in Latin Americans was moder- ate with the price trend mixed. Chilean governments rallied 1 to : points Brazilians were generally lower. The New York fiscal agents for the Sao Paulo 7 per cent coffee realiza tion loan, issued last May, announced that since July the government has liquidated the stipulated monthly amounts of government and planters' coffee and that payments to the sink ing fund have been regularly made BANK RE-OPENS Re-opening of the Bank of Centerton at Centerton, Ark. was announced to. day by the State Banking Department The Institution suspended last month.


Article from The Creston Statesman, January 7, 1931

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Article Text

five years at least, and compared with 95.9 on last Saturday. While gilt edged bonds ignored fundamental conditions favorable to stable prices, United States governments were uniformly higher. Banks have been switching from domestic corporate Issues to treasury notes and Liberty bonds, which can be quickly liquidated. With few notable exceptions foreign bonds were under pressure. Cologne City 6½ dipped 11½ points on few sales and rome City 6½8 reached a new year's low at 70% Fractional advances in German gov ernments were offset by drops in over in Latin Americans was moder- ate with the price trend mixed. Chilean governments rallied 1 to : points Brazilians were generally lower. The New York fiscal agents for the Sao Paulo 7 per cent coffee realiza tion loan, issued last May, announced that since July the government has liquidated the stipulated monthly amounts of government and planters' coffee and that payments to the sink ing fund have been regularly made BANK RE-OPENS Re-opening of the Bank of Centerton at Centerton, Ark. was announced to. day by the State Banking Department The Institution suspended last month.