Citizens Bank - Waycross, GA

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: June 1, 1918*
Location: Waycross, Georgia (31.214, -82.354)

Metadata

Model: gpt-5-mini
Short Digest: ec4d3ca9

Response Measures

None

Description

Article states the Citizens Bank closed its doors here last summer and is under receivers; receivers are issuing a 25% dividend Dec 1918. No mention of a depositor run prior to suspension. Exact closure date not given (summer 1918).

Events (2)

1. June 1, 1918* Suspension

Cause Details: Article only states the bank closed its doors last summer; no cause given.
Newspaper Excerpt: the Citizens bank, which closed its doors here last summer.
Source: newspapers

2. December 21, 1918 Receivership

Newspaper Excerpt: The receivers of the Citizens bank are issuing check for a 25 per cent dividend. Checks will be mailed on Friday, December 20th to all whose deposits amount to $4 or more, whose addresses are known.
Source: newspapers

Newspaper Articles (1)

1. December 24, 1918 Atlanta Semi-Weekly Journal Atlanta, GA

Article from Atlanta Semi-Weekly Journal, December 24, 1918

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Article Text

Receivers of Waycross Bank Pay Dividends WAYCROSS, Ga., Dec. 21.-The following notice has been issued by the receivers for the Citizens bank, which closed its doors here last summer. "The receivers of the Citizens bank are issuing check for a 25 per cent dividend. Checks will be mailed on Friday, December 20th to all whose deposits amount to $4 or more, whose addresses are known. Those not receiving checks by Monday morning will please call upon the receivers." This is the first dividend to be paid by the receivers of this bank. but it comes at a time when almost every one can use a little change to a good advantage.