Farmers & Merchants Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: October 24, 1932
Location: Mena, Arkansas (34.586, -94.240)

Metadata

Model: gpt-5-mini
Short Digest: 2132fdd4

Response Measures

None

Description

Article (Paragould Soliphone, 1932-10-24) references 'Bank Mena, Farmers and Merchants Bank's receiver,' indicating the bank was in receivership/closed. No mention of a prior run in the provided text, so classified as a suspension leading to closure (receivership). Date taken from article publication.

Events (1)

1. October 24, 1932 Receivership

Newspaper Excerpt: Bank Mena, Farmers and Merchants Bank's receiver
Source: newspapers

Newspaper Articles (1)

1. October 24, 1932 Paragould Soliphone Paragould, AR

Article from Paragould Soliphone, October 24, 1932

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Article Text

Banks Many Trust Companies State Shown in Report to Congress Have LoanLast Month Press Oct. Reconstruction nance corporation was shown today its report to Congress have loaned during September Loans authorized during September to Arkansas banks and trust companies, "exclusive during the month." were listto include following: Berryville, Peoples State bank. $5.Bank Mena, Farmers and Merchants Bank's receiver, and Shirley, Bank of