7478. Hancock Bank (Hancock, MD)

Bank Information

Episode Type
Suspension → Reopening
Bank Type
state
Start Date
February 16, 1932
Location
Hancock, Maryland (39.699, -78.180)

Metadata

Model
gpt-5-mini
Short Digest
a5c5945f6e905600

Response Measures

None

Description

Articles report Hancock Bank (Hancock, Md.) had been closed and in receivership and then reopened when receivership proceedings were dismissed on Feb 16, 1932. No article describes a depositor run; the event is a suspension/receivership followed by reopening during the 1931–32 banking distress in Maryland.

Events (3)
1. February 16, 1932 Receivership
Newspaper Excerpt
Judge Frank G. Wagaman signed an order dismissing receivership proceedings.
Source
newspapers
2. February 16, 1932 Reopening
Newspaper Excerpt
The Hancock Bank ... reopened yesterday with C. H Locher as president. The bank is the seventh of 14 closed in Maryland to reopen.
Source
newspapers
3. * Suspension
Cause
Macro News
Cause Details
Closed earlier as part of a wave of county bank closures since the previous fall (1931 banking distress); exact closure date not stated.
Newspaper Excerpt
The Hancock Bank, of Hancock, the first of five banks closed in the county since last fall, reopened yesterday...
Source
newspapers

Newspaper Articles (2)
1. February 16, 1932 The Washington Times Washington, DC
Article from The Washington Times, February 16, 1932

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Article Text

Hancock Bank Opens; Receivership Ends HAGERSTOWN, Md., Feb. 16. The Hancock Bank, of Hancock, the first of five banks closed in the county since last fall, reopened yesterday with C. H Locher as president. The bank is the seventh of 14 closed in Mary. land to reopen. Judge Frank G. Wagaman signed an order dismissing receivership proceedings.

2. August 14, 1932 Evening star Washington, DC
Article from Evening star, August 14, 1932

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Article Text

TEN MARYLAND BANKS HAVE NOW REOPENED Only Eight Institutions in State Are Now Reopening Planned. Special Dispatch The BALTIMORE, August 13.-Ten of the eighteen their 1931, have eleventh pected September according to officials the State bank commissioner's office. for another its doors have reopened are: State Trappe, opened branch the Farmers Merchants' Commercial Bank of Frederick, Hancock Bank. Middletown Savings Bank, Provident Bank Preston, Farmers' Bank Somerset County Marion Station The tember the Savings at Williamsport.