Article Text
Wilburton State Bank Opens With a Bang The Wilburton State Bank was one of the 160 banking institutions which were authorized to open for business unrestricted Wednesday morning. The authority came by wire five minutes before the lar time to open for business. Expressions of gratification were general throughout the community when was learned that the panic" was over. Within few minutes after o'clock the bank customers began to arrive and pour their deposits through the windows. During Wednesday, after the 14 days suspension, there to was depositthe State Bank $28,165.43, There had in local checks and checks to local people amounting to in that period. $23,000 in out of checks and had currency accumulated, which was deposited. The first day's in the deposits State Bank when for business in April, 1928, after the community had been without bank for 69 to $21,gratifying to that no attempts made to withdraw for money hoarding purposes. In fact, while the bank was thorized to open without restrictions from the State Banking Department, there is restriction made by the of secretary treasury, which forbids the any banker to permit withdrawals for hoarding. There fine of spirit dence and cooperation shown the part of the citizens of Wilburton throughout the holiday. The Lions club members on Tuesday evening voted State Bank and Mr. its cashier, an expres- no sion of 100% confidence. This operation and confidence preciated very much by officials of the Wilburton State Bank. The Wilburton bank considered one of the strongest and safest lean bank institutions in the state, considering and was for this reason that this bank was permitted to without restrictions with 159 other strong banks in Oklahoma.