Article Text
ARKANSAS BANK CLOSED.
Searcy, Ark., September The People's Bank of Searcy by the State Banking Department today. Officials said the closing caused by neavy withdrawals. The bank had a capital stock $100,000.
Peoples Bank (Searcy, AR)
Episode Information
- Episode Type
- Run → Suspension → Closure
- Start Date
- September 1, 1931*
- Location
- Searcy, Arkansas (35.251, -91.736)
- Bank Type
- state
- Routing Number
81-0153- Alt. names
- Security Bank
Metadata
Events (2)
1.
September 1, 1931*
Run
- Cause Details
- Heavy withdrawals (article does not specify trigger or rumor).
- Newspaper Excerpt
- The People's Bank of Searcy by the State Banking Department today. Officials said the closing caused by neavy withdrawals.
- Source
- newspapers
2.
September 1, 1931*
Suspension
- Cause
- Government Action
- Cause Details
- Closed by the State Banking Department after heavy withdrawals.
- Newspaper Excerpt
- The People's Bank of Searcy ... closed by the State Banking Department today.
- Source
- newspapers