Peoples Savings Bank (Thomasville, GA)

Episode Information

Episode Type
Suspension → Closure
Start Date
January 23, 1933
Location
Thomasville, Georgia (30.839, -83.979)
Bank Type
savings

Metadata

Episode ID
Bank ID
City ID
Model
gpt-5-mini
Short Digest

Notes

Article 1 contains OCR errors that were corrected (e.g., People's and fragmented words).

Events (2)
1. January 23, 1933 Suspension
Cause
Government Action
Cause Details
Failed to open for business and was taken under supervision/affected by the state banking department.
Newspaper Excerpt
THOMASVILLE BANK CLOSES ITS DOORS Jan. People's Savings bank failed to open for business today. ... would affected under the state banking department.
Source
newspapers
2. October 26, 1935 Receivership
Newspaper Excerpt
THOMASVILLE, Ga., Oct. 26.—A 10 per cent dividend, payable as of Monday, Oct. 28, was announced yesterday by W. C. Patterson, liquidating agent, for the closed People's Savings bank of this city, the dividend amounting to $16,941.87.
Source
newspapers

Newspaper Articles (2)
1. January 23, 1933 The Miami News Miami, FL

Article Text

THOMASVILLE BANK CLOSES ITS DOORS

Jan. People's Savings bank failed to open for business today. The would affected under the state banking department. The institution capitalized $50,000 with assets $285,000 deposits slightly excess of $210,000, owing no money except deposiBall president. church and McGrew vice presidents.

2. October 27, 1935 The Macon Telegraph Macon, GA

Article Text

Dividend Is Paid By Bank Receiver

THOMASVILLE, Ga., Oct. 26.—A 10 per cent dividend, payable as of Monday, Oct. 28, was announced yesterday by W. C. Patterson, liquidating agent, for the closed People's Savings bank of this city, the dividend amounting to $16,941.87.

Payment of this dividend will bring the total payments to unsecured depositors to $154,000, and including secured deposits the amount paid de-