Bank of Harrisburg (Harrisburg, AR)

Episode Information

Episode UID
81069371571
Episode Type
Suspension โ†’ Reopening
Bank Type
state
Bank ID
8106937 routing
Routing Number
81-0693
Start Date
November 17, 1930
Location
Harrisburg, Arkansas (35.564, -90.717)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
496bdb42e9613f78

Response Measures

None

Description

Closures announced by A. B. Banks & Company; unclear if purely private action or state-mandated.

Events (2)

1. November 17, 1930 Suspension
Cause
Government Action
Cause Details
Closed for five days by orders announced in the group announcement associated with A. B. Banks & Company (state authorities later involved in oversight)
Newspaper Excerpt
The Bank of Harrisburg, Harrisburg: ... remained open for business, the company announced: ... were announced by the company as follows: ... Bank of Harrisburg, Harrisburg
Source
newspapers
2. December 9, 1930 Reopening
Newspaper Excerpt
Two banks, the Bank of Harrisburg at Harrisburg ... reopened for business this morning, announced by Walter E. Taylor, state banking commissioner.
Source
newspapers

Newspaper Articles (2)

Article from New Britain Herald, November 17, 1930

Click image to open full size in new tab

Article Text

THIRTY ARKANSAS BANKS CLOSED 5 DAYS BY ORDERS (Continued From First Page) could have forced the closing of this strong bank." Soon after Caldwell & Company was placed in receivership, Mr. Banks anounced the Caldwell & Company's interest in the American Exchange Trust Company had been bought by Little Rock capitalists. The Pine Bluff bank was the second largest in the group and the Helena institution the third largest Banks was a director and a former president of the bank. The American Exchange Trust Company in Little Rock had deposits of approximately $15,000,000 OD September 24, the date of the last bank call. The Pine Bluff bank on September 24 had deposits of approximately $2,638,000 and the Helena bank at the close of business Saturday had deposits of $726,000. officials said. List of Institutions The banks in which Mr. Banks and assistants are interested and which suspended business today for five days were announced by the company as follows: The bank of Altheimer, Altheimer: North Arkansas Bank. Batesville; Bank of Bauxite, Bauxite; Benton Bank and Trust Company, Benton: Arkansas State Bank, Carlisle; Bank of Carthage, Carthage; Farmers Bank, Casa: Bank of Clarendon, Clarendon: Farmers Bank, Dardanelle: Hampton State Bank, Hamnton: Cleburne County Bank. Heber Springs: Merchants and Planters Bank, Helena; Bank of Houston, Houston: Merchants and Planters Bank, Hunphrey: Cleveland County Bank. Kingsland; Chicot Trust Company, Lake Village: AmericanExchange Trust Company, Little Rock: First State Bank, Morrilton: Arkansas Trust Company, Newport: Bank of Pangburn. Pangburn: Perry State Bank, Perry: Merchants and Planters Bank and Trust Company, Pine Bluff: Bank of Star City, Star City: Victoria Bank, Strong: First State Bank. Stuttgart: Citizens Bank Thornton. and Bank of Wabbaseka Wabbaseka; The Arkansas Bank and Trust Co., Hope: Peoples Bank McRea: and the Endora Bank and Trust Co., Endora. The following banks affiliated with the A. B. Banks and Company remained open for business, the company announced: The Bank of Fordyce and the First National Bank, Fordyce; Bank of Harrisburg, Harrisburg: First National Bank, Mineral Springs: Bank of Stephens, Stephens, and Bank of Waldo, Waldo. Efforts were being made at Junction City to merge the first National Bank and the Merchants and Farmers Bank. and open one of them today, officials said.


Article from The Commercial Appeal, December 9, 1930

Click image to open full size in new tab

Article Text

22 ARKANSAS BANKS REOPENED Harrisburg and Hardy Institutions Resume Business. LITTLE ROCK Ark., Dec. Two banks, the Bank of Harris. burg at Harrisburg. Poinsett County, and Farmers Bank at Hardy, Sharp County, reopened for business morning, announced by Walter E. Taylor, state banking commissioners. These make 22 banks that have reopened since 17. County Bank Monticello and closed today for the by officials the The Bank of Harrisburg re. the was Taylor said Four the Peoples the Saline which by state, Bradley County Bank the Bank of Straw reopened five No Trust meeting today by resolution the pledged that The details have been Trieber member of the firm charge reorganizaM said prog. made in ing