Peoples Safe Deposit & Savings Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: savings bank
Start Date: November 14, 1916
Location: Bath, Maine (43.911, -69.821)

Metadata

Model: gpt-5-mini
Short Digest: bd0de2aa

Response Measures

None

Description

Article is a receiver's report (Bath Trust Co., receiver) for People's Safe Deposit & Savings Bank. No mention of a depositor run in the article; the bank is in receivership as of the report period (last report dated 1916-11-14). Therefore this is classified as a suspension leading to closure/receivership. Exact suspension date not given in the excerpt.

Events (1)

1. November 14, 1916 Receivership

Newspaper Excerpt: The report of the Bath Trust Co., receiver for the People's Safe Deposit & Savings Bank of Bath, made public at the State Banking department, is as follows: ... since its last report to your Department under the date of November 14, 1916.
Source: newspapers

Newspaper Articles (1)

1. January 7, 1918 Daily Kennebec Journal Augusta, ME

Article from Daily Kennebec Journal, January 7, 1918

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Article Text

# PEOPLE'S SAFE DEPOSIT # & SAVINGS BANK, BATH The report of the Bath Trust Co., receiver for the People's Safe Deposit & Savings Bank of Bath, made public at the State Banking department, is as follows: To the Hon. Frank L. Palmer. Bank Commissioner, Augusta, Maine: Under order of Court the Bath Trust Company, Receiver of the People's Safe Deposit & Savings Bank of Bath, Maine, respectfully presents the following statement of its progress in settlement of the affairs of said Bank since its last report to your Department under the date of November 14, 1916. RECEIPTS. Cash on hand November 14, 1916, $5.801 61 Interest on stocks and bends, 1.211 21 Rents, 210.0 $7,312.90