York Boulevard State Bank - Los Angeles, CA

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: July 26, 1932
Location: Los Angeles, California (34.052, -118.244)

Metadata

Model: gpt-5-mini
Short Digest: edb93515

Response Measures

None

Description

Article reports the state banking department took the York Boulevard State Bank into receivers' hands for lack of ready funds (state-ordered closure/receivership). No run is mentioned.

Events (2)

1. July 26, 1932 Receivership

Newspaper Excerpt: Small L. A. Bank In Receivers' Hands ... taken by the state banking department today ... action was necessary because of lack of ready funds.
Source: newspapers

2. July 26, 1932 Suspension

Cause: Government Action
Cause Details: Taken by the state banking department because of lack of ready funds (state-ordered suspension/receivership).
Newspaper Excerpt: LOS ANGELES. July York Boulevard State one city's smaller financial institutaken by the state banking department today. The department announcement. which said the action was necessary because of lack of ready funds.'
Source: newspapers

Newspaper Articles (1)

1. July 26, 1932 The Sacramento Union Sacramento, CA

Article from The Sacramento Union, July 26, 1932

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Article Text

Small L. A. Bank In Receivers' Hands LOS ANGELES. July York Boulevard State one city's smaller financial institutaken by the state banking department today. The department announcement. which said the action was "necessary because of lack of ready funds.' listed bank's checking accounts $58,645; and public money secured by bonds, $83,000.