Citizens Bank (Inverness, FL)

Episode Information

Episode UID
63024471546
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
6302447 routing
Routing Number
63-0244
Start Date
October 1, 1928*
Location
Inverness, Florida (28.836, -82.330)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
44edb43c788e3181

Response Measures

None

Description

Suspension followed examiner report and later indictments for embezzlement; bank described as defunct.

Events (2)
1. October 1, 1928* Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank examiner report and subsequent revelations/indictments alleging embezzlement by cashier and assistant cashier.
Newspaper Excerpt
The bank suspended operations recently.
Source
newspapers
2. December 6, 1930 Other
Newspaper Excerpt
defunct Citizens' Bank Inverness, which closed Oct. 1928. Joint indictment charges embezzlement of $76,500 and specific charge against Carter charges forgery embezzlement of $420.
Source
newspapers

Newspaper Articles (3)
1. October 13, 1928 The Tampa Times Tampa, FL
Article from The Tampa Times, October 13, 1928

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Article Text

Reward Is Offered For Inverness Man Tallahassee, Oct. 13.-A reward of $100 for the arrest of L. E. Carter, assistant cashier of the Citizens Bank of Inverness, Fla., has been offered here by Governor Martin. The governor's executive order said it had been "officially requested of me to offer the reComptroller Ernest Amos is said to requested the governor to offer the reward, following report from bank examiner of the bank's affairs. The bank suspended operations recently.

2. October 14, 1928 The Atlanta Journal Atlanta, GA
Article from The Atlanta Journal, October 14, 1928

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Article Text

$100 Reward Offered For L. E. Carter's Arrest TALLAHASSEE, Fla., Oct. 13.-(P) A reward of $100 for the arrest of L. E. Carter, assistant cashier of the Citizens Bank of Inverness, Fla., been offered here by Governor John W. Martin. The governor's executive order said it had been "officially requested of me to offer the reward." Comptroller Amos is said to have requested the governor to offer the reward, report from bank examiner of the bank's affairs. The bank suspended operations recently.

3. December 6, 1930 The Tampa Tribune Tampa, FL
Article from The Tampa Tribune, December 6, 1930

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Article Text

LAST OF BANK CASES CALLED AT INVERNESS Fender Freed Three on Counts of Indictment Dec. Trial started today circuit court remaining indictments against Fender, cashier, and Carter, assistant cashier the defunct Citizens' Bank Inverness, which closed Oct. 1928. The men face trial one joint indictCarter is accused separately in another. The jury last night returned verdict guilty three counts against Fender which charged him with false entry money his fourth indictment was thrown out several days ago the beginning the trial because of an error date. The joint indictment remaining against Fender Carter charges embezzlement of $76,500 and the one specifically against Carter charges forgery embezzlement of $420. At the beginning of the trial today defense attorneys renewed attack made against drawing of grand jury which the This argued before the jury. which deliberated only five minutes before returning verdict upholding the legality of the grand Court adjourned until after holidays. and will complete final hearing in the cases on reconvening.