State Bank - Washington, IN

Bank Information

Episode Type: Suspension → Reopening
Bank Type: state
Start Date: March 1, 1933*
Location: Washington, Indiana (38.659, -87.173)

Metadata

Model: gpt-5-mini
Short Digest: 32517700

Response Measures

None

Description

Article (Evansville Courier and Press, 1933-03-16) lists 'Orange County bank, Paoli' among state banks in class B that 'will resume operations upon restricted' after the state/governor's list arrived. This indicates the bank had been closed under the 1933 bank holiday/suspension and is now permitted to reopen under restrictions. No run is described in the text.

Events (2)

1. March 1, 1933* Suspension

Cause: Government Action
Cause Details: Included in state 'class B' list to resume operations under restrictions after governor/state banking commissioner actions during the 1933 bank closures
Newspaper Excerpt: Orange County bank, Paoli. complete list of class B banks under which state banks will resume operations upon restricted was completed last night by Governor McNutt and Luther Symons, state banking commissioner
Source: newspapers

2. March 16, 1933 Reopening

Newspaper Excerpt: EVANSVILLE AREA BANKS REOPEN AS LICENSES ARRIVE ... Orange County bank, Paoli. complete list of class B banks under which state banks will resume operations upon restricted was completed last night by Governor McNutt and Luther Symons, state banking commissioner
Source: newspapers

Newspaper Articles (1)

1. March 16, 1933 Evansville Courier and Press Evansville, IN

Article from Evansville Courier and Press, March 16, 1933

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Article Text

EVANSVILLE AREA BANKS REOPEN AS LICENSES ARRIVE (Continued From Page One) People's Bank and Trust company, Mt. Vernon: French Lick State French Lick Otwell State bank Otwell: Citizens State bank Petersburg: Orange County bank, Paoli. complete list of class B banks under which state banks will resume operations upon restricted was completed last night by Governor McNutt and Luther Symons, state banking commissioner according to Associated Press the list was not made public, but the banks in this classification will be notified. the governor said THREE OPEN IN WASHINGTON WASHINGTON, March (Speof Washington's four banks opened for business this after noon The surprising total of $56,000 was deposited during the two hours of business They will open for reg. ular business hours starting day morning with an eye being kept on withdrawals The State bank of Washington was assured this afternoon by By mons, state bank that It would receive permission to open During the holiday local banks re. celved approximately $50,000 deposits in gold and certificates This has been forwarded to the Federal Re. bank at St. Louis. With arrival of shipment of cur. this afternoon. the Washing ton National bank remained open to night to cash pay checks for several hundred Baltimore & Ohio railroad employes Tuesday displayed strength at the 25 cents higher spite of and trade and the not far from lambs sold 25 cents -grade and low ran neck and neck in the onward but the railways the vitality of the lies of to than six of and Erie Louisville New York and others ad as sent up and the up