First National Bank (Elko, NV)

View Charter #7743 on SPMC View balance sheet

Episode Information

Episode UID
774301594
Episode Type
Suspension → Reopening
Bank Type
national
Bank ID
77430 national
Charter Number
7743
Start Date
October 31, 1932
Location
Elko, Nevada (40.832, -115.763)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
c7c129ceca951634

Response Measures

None

Events (5)
1. May 16, 1905 Chartered
Source
historical_nic
2. October 31, 1932 Suspension
Cause
Government Action
Cause Details
Local banking moratorium/banking holiday declared, leaving city bankless.
Newspaper Excerpt
breaking a banking holiday which has prevailed here for two weeks.
Source
newspapers
3. November 14, 1932 Reopening
Newspaper Excerpt
the First National Bank of Elko opened for business today, breaking a banking holiday which has prevailed here for two weeks.
Source
newspapers
4. March 10, 1933 Suspension
Cause
Government Action
Cause Details
Proclamation extending the banking holiday/moratorium (federal/state proclamation) affected banks' ability to resume.
Newspaper Excerpt
We expect to resume business as soon as authorized by the United State comptroller of currency, said E. E. Ennor, president of the First National Bank of Elko.
Source
newspapers
5. November 10, 1936 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (4)
1. November 15, 1932 Nevada State Journal Reno, NV

Article Text

Elko Bank Had Bundles of Money Ready for Opening Yesterday But Only Handful Asked to Withdraw ELKO, Nov. 14. — (UP) — With bundles of money ready for any "pay off" demanded, the First National Bank of Elko opened for business today, breaking a "banking holiday" which has prevailed here for two weeks. Only a handful of persons were on hand when the doors swung open, giving Elko banking facilities for the first time since the banking moratorium was declared. Business was heavy for a time, as had been

2. November 15, 1932 Nevada State Journal Reno, NV

Article Text

Elko Bank Had Bundles of Money Ready for Opening Yesterday But Only Handful Asked to Withdraw ELKO, Nov. 14. (UP) With bundles of money ready for any "pay off demanded the First National Bank of Elko opened for business today, breaking a "banking holiday which has prevailed here Only a handful of persons were on hand when the doors swung open. giving Elko banking facilities for the firs. time since the banking moratorium was declared Business was heavy for a time as had been anticipated. but there was no run. The Henderson Bank here a Wingfield institution. remained closed. No restriction was placed on checking accounts. the depositors being free to withdraw all or any part of such accounts. In savings accounts the mustomary notification requirement was asked. Any emergency which might have deyeloped was prepared for by the bank officers. Bundles of money, wrapped in bales of hay. had arrived from Salt Lake City Some were labeled $5.000, some $10,000 and a few $25,000. It wasn't neces. sary to break many of the bindings, however. as only the money necessary for usual business practice was withdrawn. The First National is independent of the Wingfield chain. It took advantage of the banking moratorium for the first two weeks with the result that the city was bankless, the other financial institution being a Wingfield bank. The First National, however. declined to remain closed in keeping with the two weeks extension of the moratorium and opened for business as usual this morning.

3. March 10, 1933 Nevada State Journal Reno, NV

Article Text

Banking officials of other banks in Nevada were undecided how to act. Most of the banks had planned to open this morning but the moratorium extension left them in doubt. "We expect to resume business as soon as authorized by the United State comptroller of currency," said E. E. Ennor, president of the First National Bank of Elko. Plans of the Ely banks to open this morning were altered by the proclamation extending the holiday.

4. March 10, 1933 Nevada State Journal Reno, NV

Article Text

Banking officials of other banks in Nevada were undecided how to act. Most of the banks had planned to open this morning but the moratorium extension left them in doubt. "We expect to resume business as soon as authorized by the United State comptroller of currency," said E. E. Ennor, president of the First National Bank of Elko. Plans of the Ely banks to open this morning were altered by the proclamation extending the holiday.