Cabot Trust Company - Chicopee, MA

Bank Information

Episode Type: Suspension → Reopening
Bank Type: trust company
Start Date: March 1, 1933*
Location: Chicopee, Massachusetts (42.149, -72.608)

Metadata

Model: gpt-5-mini
Short Digest: e8945ed6

Response Measures

None

Description

Article (Boston Daily Globe, 1933-03-28) reports the Cabot Trust Company of Chicopee reorganized and resumed after a holiday/closure. OCR errors in the excerpt; inferred that the bank had been under a holiday/suspension and has now been reorganized/reopened. No clear independent depositor 'run' is described in the text provided, so classified as a suspension with reopening (likely part of the 1933 banking holiday).

Events (2)

1. March 1, 1933* Suspension

Cause: Government Action
Cause Details: Closed as part of the banking holiday / government-ordered or regulator-imposed closure during the 1933 crisis; article references holiday and lifting it prior to reorganization.
Newspaper Excerpt: been under since lifting the holiday
Source: newspapers

2. March 27, 1933 Reopening

Newspaper Excerpt: CABOT TRUST COMPANY OF CHICOPEE REORGANIZED ... with approval State Bank ... There were abwithdrawals.
Source: newspapers

Newspaper Articles (1)

1. March 28, 1933 The Boston Daily Globe Boston, MA

Article from The Boston Daily Globe, March 28, 1933

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Article Text

CABOT TRUST COMPANY OF CHICOPEE REORGANIZED CHICOPEE, March 27 (A. was the Cabot here this noon. with approval State Bank Arthur Preston Pond, former treasurer the bank, elected president succeed Emerson lord, was made chairman of the board. been under since lifting the holiday There were abwithdrawals.