717. National Bank (Dinuba, CA)

Bank Information

Episode Type
Suspension โ†’ Closure
Bank Type
national
Bank ID
12160
Charter Number
12160
Start Date
March 5, 1926
Location
Dinuba, California (36.543, -119.387)

Metadata

Model
gpt-5-mini
Short Digest
136608316b04edda

Response Measures

None

Description

OCR is poor in Article 1. Article of 1926-03-05 reports the Dinuba National Bank had been closed and there were reports it would reopen; language refers to assessments and depositors. By 1926-09-03 a local attorney was named receiver by the controller, indicating the bank remained closed and entered receivership. No explicit contemporaneous description of a depositor run is present in the texts, so I classify this as a suspension followed by permanent closure/receivership. I corrected/cleaned obvious OCR fragments (e.g., 'DINUBA BANK TO REOPEN IS REPORT' refers to Dinuba National Bank reopening report).

Events (4)

1. April 7, 1922 Chartered
Source
historical_nic
2. June 21, 1922 Voluntary Liquidation
Source
historical_nic
3. March 5, 1926 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank had been closed after assessments showed deficiencies/shortfall; reports of possible reopening but bank remained closed.
Newspaper Excerpt
DINUBA BANK TO REOPEN IS REPORT National Bank of its doors ... been ... by assessment ... the closing National of bank has 167 locally and thousand depositors
Source
newspapers
4. September 3, 1926 Receivership
Newspaper Excerpt
CHASE NAMED BANK RECEIVER Dinuba Attorney Is Given Commission To Adjust Institution Affairs DINUBA (Tulare Sept. Murray local attorney, appointed for the National Bank ... has received his ... from the controller ... Chase administer ... about $600,000 worth of loans outstanding ...
Source
newspapers

Newspaper Articles (2)

Article from The Selma Enterprise, March 5, 1926

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Article Text

DINUBA BANK TO REOPEN IS REPORT National Bank of its doors of probably in the Dinuba by of from The and been and by assessment proved more than the closing National of bank has 167 locally and thousand depositors


Article from The Fresno Bee, September 3, 1926

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Article Text

CHASE NAMED BANK RECEIVER Dinuba Attorney Is Given Commission To Adjust Institution Affairs DINUBA (Tulare Sept. Murray local attorney, appointed for the National Bank city, and has received his from the controller of the cur. Chase administer the against the adjustment about $600,000 worth of loans outstanding and not taken by the bank's