Article Text
The Bank of Ayden, a state institution. failed to open for bus ness Thursday, officers announcing that "fromen loans" and dwindling accourts forced the suspension.
Bank of Ayden (Ayden, NC)
Episode Information
- Episode Type
- Suspension → Closure
- Start Date
- December 8, 1927
- Location
- Ayden, North Carolina (35.473, -77.416)
- Bank Type
- state
- Routing Number
66-0305
Metadata
Notes
Article states suspension but gives no follow-up on reopening or receivership; outcome unclear.
Events (1)
1.
December 8, 1927
Suspension
- Cause
- Bank Specific Adverse Info
- Cause Details
- Officers cited frozen loans and dwindling accounts as forcing the suspension.
- Newspaper Excerpt
- The Bank of Ayden, a state institution, failed to open for business Thursday, officers announcing that frozen loans and dwindling accounts forced the suspension.
- Source
- newspapers
Newspaper Articles (1)
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