Metairie Bank - Metairie, LA

Episode Information

Episode UID: 84041271613
Episode Type: Suspension → Closure
Bank Type: state
Bank ID: 8404127 routing
Routing Number: 84-0412
Start Date: May 1, 1934*
Location: Metairie, Louisiana (29.984, -90.153)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: cdb75b33efa8d478

Response Measures

None

Description

Article explicitly lists Metairie Bank as 'receiver'; no run reported.

Events (1)

1. May 1, 1934* Receivership

Newspaper Excerpt: Metairie Bank (receiver), Metairie Ridge, $159,715;
Source: newspapers

Newspaper Articles (1)

1. August 9, 1934 The News-Star Monroe, LA

Article Text

WASHINGTON, Aug. 9.--(AP)--Loans aggregating more than $2,500,000 were authorized for six Louisiana banks during May by the Reconstruction Finance corporation, it is announced by the corporation. The largest loan was $1,965,480.43 to the Calcasieu National bank in Lake Charles. Other loans were: Hibernia Bank & Trust Co., of New Orleans (receiver), $266,059.90; Metairie Bank (receiver), Metairie Ridge, $159,715; Commercial Bank and Trust Co.. (receiver), Springhill, $124,794; Citizens Bank & Trust Co., Ruston, $35,000; the First National bank of De Ridder, $15,487.85. All the loans were at the rate of interest of 4 per cent. The corporation also authorized a loan of $115,000 to the Arcadia Parish Mortgage corporation, Inc., of Crowley, La., at 4 per cent interest. A loan of $25,000 was authorized to the Pelican Lake Oyster and Packing Co.. Ltd., Houma, La. This loan was under the emergency relief and construction act of 1932. The corporation also authorized the subscription for $300,000 of preferred stock in the Louisiana National bank of Baton Rouge, and $25,000 of preferred stock in the First National bank of Delhi.