Matawan Bank - Matawan, NJ

Episode Information

Episode Type: Suspension → Closure
Start Date: September 16, 1927
Location: Matawan, New Jersey (40.415, -74.230)
Bank Type: state
Routing Number: 55-0476

Metadata

Episode ID
Bank ID
City ID: 340878181

Model: gpt-5-mini
Short Digest

Notes

OCR in the clipping is garbled but closure described as voluntary by directors.

Events (1)

1. September 16, 1927 Suspension

Cause: Voluntary Liquidation
Cause Details: Voluntary closure by directors following examiner pressure; stockholders paid and reorganized.
Newspaper Excerpt: MATAWAN STATE BANK CLOSES The Matawan State Bank closed Friday of last week, the action being taken voluntarily by directors.
Source: newspapers

Newspaper Articles (1)

1. September 22, 1927 The Wells Mirror Wells, MN

Article from The Wells Mirror, September 22, 1927

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Article Text

MATAWAN STATE BANK CLOSES

The Matawan State Bank closed Friday of last week, the action being taken voluntarily by directors. Some time ago the stockholders paid and reorganized, repeatd demands by the examiner decision close the

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