Union Bank & Trust Company (Baton Rouge, LA)

Episode Information

Episode Type
Suspension → Closure
Start Date
March 1, 1933*
Location
Baton Rouge, Louisiana (30.451, -91.155)
Bank Type
trust
Routing Number
84-0015

Metadata

Episode ID
Bank ID
City ID
221629914
Model
gpt-5-mini
Short Digest

Events (3)
1. March 1, 1933* Suspension
Cause
Government Action
Cause Details
Restricted operations following the federal/state banking holiday in March 1933
Newspaper Excerpt
restricted operations following the banking holiday last March
Source
newspapers
2. July 1, 1933* Receivership
Newspaper Excerpt
The Union Bank & Trust Co., Baton Rouge (receiver), $540,000 (RFC loan authorized).
Source
newspapers
3. July 27, 1933 Other
Newspaper Excerpt
have been placed in liquidation; The City National bank ... opened today, releasing $3,466,167.23 of deposits which for five months have been 'frozen' in the Union Bank and Trust company and the Bank of Baton Rouge.
Source
newspapers

Newspaper Articles (4)
1. July 28, 1933 The Waco News-Tribune Waco, TX

Article Text

Bank Releases $3,466,167

New Institution at Baton Rouge Takes Place of 'Frozen' One

BATON ROUGE, La., July 27.—(AP)—The City National bank, Baton Rouge's new financial institution, opened today, releasing $3,466,167.23 of deposits which for five months have been "frozen" in the Union Bank and Trust company and the Bank of Baton Rouge.

The City National bank supplants the Union bank and the Bank of Baton Rouge, which restricted operations following the banking holiday last March, and have been placed in liquidation.

2. July 28, 1933 The Waco News-Tribune Waco, TX

Article Text

New Institution at Baton Rouge Takes Place of 'Frozen' One

BATON ROUGE, La., July 27.--(AP)--The City National bank, Baton Rouge's new financial institution, opened today, releasing $3,466,167.23 of deposits which for five months have been "frozen" in the Union Bank and Trust company and the Bank of Baton Rouge.

The City National bank supplants the Union bank and the Bank of Baton Rouge, which restricted operations following the banking holiday last March, and have been placed in liquidation.

3. September 7, 1933 The Town Talk Alexandria, LA

Article Text

R. F. C. Loans in July in Louisiana Announced

Sept )-The largest loan in Louisiana during July by the Reconstruction Finance Corporation was that of to the receiver of the Bank of Baton Rouge at Baton Rouge Other loans authoribed were: The Union Bank and Trust Company, Baton Rouge (receiver), $540.000 Gretna Trust and Savings Bank, (receiver) Bank of Gueydan, Gueydan. $11.-

Security Investment and Lean First Joint Stock Land Bank. New Orleans, The following loans were cancelled during the month: Canal Bank and Trust Company, Interstate Trust and Banking Company. New Peoples Bank and Trust Company Minden, 15,000.

Use Town Talk Classified Ads.

4. September 7, 1933 The Shreveport Journal Shreveport, LA

Article Text

$1,020,000 LOAN TO RECEIVER OF BATON ROUGE BANK IN JULY

WASHINGTON. Sept. 7.-The largest loan authorized in Louisiana during July by the Reconstruction Finance corporation was that of $1,020,000 to the receiver of the Bank of Baton Rouge at Baton Rouge. Other loans authorized were: The Union Bank & Trust Co., Baton Rouge (receiver), $540,000. Gretna Trust & Savinks bank (receiver), $25,000. Bank of Gueydan, Gueydan, $11,068. Security Investment & Loan corporation, Monroe, $200,000. First Joint Stock Land bank, New Orleans, $24,500. The following loans were cancelled during the month: Canal Bank & Trust Co., New Orleans, $8,900,000. Interstate Trust & Banking Co., New Orleans, $136,000 Peoples Bank & Trust Co., Minden, $15,000.