Homewood Bank - Pittsburg, PA

Episode Information

Episode UID: 3529087591593
Episode Type: Suspension → Reopening
Bank Type: state
Bank ID: 352908759 hash
Start Date: September 1, 1932*
Location: Pittsburg, Pennsylvania (40.441, -79.996)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: be5f3af56e85e8f2

Response Measures

None

Description

OCR errors in article; exact suspension date not given.

Events (2)

1. September 1, 1932* Reopening

Newspaper Excerpt: September is the day the Homewood Bank at will open for business
Source: newspapers

2. * Suspension

Cause: Government Action
Cause Details: Bank had been closed by state action/examiner (article refers to closed state and receiver involvement)
Newspaper Excerpt: the closed Homewood Bank will open for business
Source: newspapers

Newspaper Articles (1)

1. August 29, 1932 Pittsburgh Post-Gazette Pittsburgh, PA

Article from Pittsburgh Post-Gazette, August 29, 1932

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Article Text

EXCHANGE BANK READY TO MAKE FIRST PAYMENT More Than $1,200,000 Will Be Put In Circulation. WILL BENEFIT Institutions in WashPa., McKeesport Also Pay Dividends. additional general circulawithin the next result of an anper cent dividepositors of the National Bank. Appersons will benebe the first dividend the bank. Gordon, receiver, said been authorized to dividend by the comptroller The preparation and for distribution in the Bank of Pittsburgh Pays. $2,700,000 will have depositors of Pittsburgh by the current week as second per Distribustarted Saturday and all The Bank by then will have paid Gordon, state secretary announced the PittsBank and Trust pay per cent to depositors depositors will in Washington, Pa. payments by two there. of 10 per cent todepositors of the PennBank, McKeesport, One Exception. disbursement of the anby the depositors in all institutions in that area will dividends with the the Monongahela Nainstitution has position to pay 33 1-3 per time, but due plans of reorganithat been presented to of the currency, dishas held up. details for the opening of bank in Homewood have According to president, Second District have been received from of banking at HarrisSeptember is the day the Homewood Bank at will open for business officers have been ap. the financial this bank strong liquid Chaplin declared also lauded Secretary of Gordon for the manner in has handled the closed state and the early dispercentage of deposits taken the closed Homewood Bank will be immediately through the Homewood at Pittsburgh, which has puroccupy the banking the Homewood Peoples