First National Bank (Galion, OH)

Episode Information

Episode UID
41901250
Episode Type
Suspension โ†’ Closure
Bank Type
national
Bank ID
4190 national
Charter Number
419
Start Date
February 15, 1904
Location
Galion, Ohio (40.734, -82.790)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
16bcee9e15540c71

Response Measures

None

Events (3)

1. May 9, 1864 Chartered
Source
historical_nic
2. February 15, 1904 Receivership
Newspaper Excerpt
National Bank Examiner Robert Lyons has been appointed receiver of the Galion, Ohio, National Bank.
Source
newspapers
3. February 15, 1904 Suspension
Cause
Government Action
Cause Details
Board of directors closed the bank; national bank examiner subsequently appointed receiver.
Newspaper Excerpt
the board of directors of the First National Bank of Galion, Ohio, closed its doors this morning.
Source
newspapers

Newspaper Articles (2)

Article from The Clarksburg Telegram, February 19, 1904

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Article Text

NATIONAL BANK DOORS CLOSED First National Bank of Galion, Ohio, Was Closed This Morning By Its Board of Directors. By Associated Press. Washington, D. C., Feb. 15-The Comptroller of the Currency is informed that the board of directors of the First National Bank of Galion, Ohio, closed its doors this mo.ning. The institution is capitalized at $100,000. It has a surplus of about $20,000, deposits of nearly $250,000, loans and discounts of about $260,000. The bank was established in 1864. By Associated Press. Washington, D. C., Feb. 15-National Bank Examiner Robert Lyons has been appointed receiver of the Galion, Ohio, National Bank.


Article from The Clarksburg Telegram, February 19, 1904

Click image to open full size in new tab

Article Text

NATIONAL BANK DOORS CLOSED First National Bank of Galion, Ohio, Was Closed This Morning By Its Board of Directors. By Associated Press. Washington, D. C., Feb. 15 -The Comptroller of the Currency is informed that the board of directors of the First National Bank of Galion, Ohio, closed its doors this morning. The institution is capitalized at $100,000. It has a surplus of about $20,000, deposits of nearly $250,000. loans and discounts of about $260,000. The bank was established in 1864. By Associated Press. Washington, D. C., Feb. 15-National Bank Examiner Robert Lyons has been appointed receiver of the Galion, Ohio, National Bank.