Bank of Metter - Metter, GA

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: December 1, 1928
Location: Metter, Georgia (32.397, -82.060)

Metadata

Model: gpt-5-mini
Short Digest: a1fa5da8

Response Measures

None

Description

Article states the Bank of Metter fails to open and the state banking department sent an agent to take charge. No run or depositor panic is described. The closure appears to be by state banking authorities (government action) and the bank failed for business. OCR errors in the article were corrected (e.g., Dec. Bank Metter... failed for business interpreted as bank failed to open/failed for business).

Events (2)

1. December 1, 1928 Receivership

Newspaper Excerpt: Superintendent Banks Mobley that he was sendig agent of the department take charge of the The Metter bank was reported have had surplus of and undivided profits of ... there two other banks in the town.
Source: newspapers

2. December 1, 1928 Suspension

Cause: Government Action
Cause Details: State banking department announced bank failed to open and sent an agent to take charge; bank 'failed for business' according to report
Newspaper Excerpt: Bank of Metter Fails to Open ... the state banking department announced Saturday ... sendig agent of the department take charge of the
Source: newspapers

Newspaper Articles (1)

1. December 1, 1928 The Macon News Macon, GA

Article from The Macon News, December 1, 1928

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Article Text

Bank of Metter Fails to Open Dec. Bank Metter, capitalized $25,000 and with deposits of proximately $200,000. failed for business this the state banking department announced Saturday Officials said they had received no information as the reason Superintendent Banks Mobley that he was sendig agent of the department take charge of the The Metter bank was reported have had surplus of and undivided profits of There two other banks in the town.