First National Bank - Mayfield, KY

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 2245
Charter Number: 2245
Start Date: November 6, 1934
Location: Mayfield, Kentucky (36.742, -88.637)

Metadata

Model: gpt-5-mini
Short Digest: d3e37029

Response Measures

None

Description

Article (Nov 6, 1934) reports a receiver distributing 65% to depositors of the First National Bank, Mayfield — indicates the bank was closed and in receivership. No run is described in the text. The presence of a receiver implies permanent closure; therefore classified as suspension_closure.

Events (1)

1. November 6, 1934 Receivership

Newspaper Excerpt: Nov. Phillips, receiver of the First National Bank here, said approximately 200 depositors had received their 65 per cent payment... A total of $500,000 will be paid to depositors during the week.
Source: newspapers

Newspaper Articles (1)

1. November 6, 1934 The Mayfield Messenger Mayfield, KY

Article from The Mayfield Messenger, November 6, 1934

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Article Text

BANK RECEIVER TO DISTRIBUTE HALF MILLION Nov. Phillips, receiver of the First National Bank here. said approximately 200 depositors had received their 65 per cent payment their deposits yesterday. A total of $500,000 will be paid to depositors during the week. The Peoples Saving Bank. recently chartered, opened for business yesterday and reported encouraging deposits on its first operation. H. Stokes president.