Waterville National Bank - Waterville, ME

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 798
Charter Number: 798
Start Date: March 1, 1933*
Location: Waterville, Maine (44.552, -69.632)

Metadata

Model: gpt-5-mini
Short Digest: 98e9c2c60889834d

Response Measures

None

Description

Article states the Waterville National Bank closed in March 1933, failed to reopen, and a receiver (Arthur Picher) was appointed. No mention of a depositor run prior to suspension; this appears to be a suspension followed by permanent closure/receivership.

Events (4)

1. February 14, 1865 Chartered

Source: historical_nic

2. March 3, 1879 Voluntary Liquidation

Source: historical_nic

3. March 1, 1933* Receivership

Newspaper Excerpt: action brought by the State against Arthur Picher as receiver the National bank Waterville ... the institution closed and failed reopen.
Source: newspapers

4. March 1, 1933* Suspension

Cause: Government Action
Cause Details: Bank closed in March 1933 and a receiver was appointed (action brought against Arthur Picher as receiver).
Newspaper Excerpt: the bank prior March 1933, when the institution closed and failed reopen.
Source: newspapers

Newspaper Articles (1)

1. May 19, 1934 The Lewiston Daily Sun Lewiston, ME

Article from The Lewiston Daily Sun, May 19, 1934

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Article Text

EQUITY ACTION AGAINST WATERVILLE RECEIVER STATE Y.M.C.A. SEEKS $17,000 IN TRUST FROM PEO- Portland, May action brought by the State against Arthur Picher as ceiver the National bank Waterville heard the District court today. complaint claimed the monwas placed trust with the brank prior March 1933, when the institution closed and failed reopen. The M. seeks decree ownership and court order for payment on money from 1933. Jefferson Waterville, secretary the testified that the trust had agreed upon verbally by Vigue, president of the barik. the the bank ready to the papers when the holiday received and the bank closed.