Bank of Oakley - Oakley, CA

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: May 15, 1931
Location: Oakley, California (37.997, -121.712)

Metadata

Model: gpt-5-mini
Short Digest: 6bb11230

Response Measures

None

Description

Article (LA Times, May 16, 1931) states Bank of Oakley is in liquidation and under supervision with a receiver declaring a dividend — indicates the bank was closed and in receivership. No run is mentioned. Bank type inferred as state (no 'National' or 'Trust' in name).

Events (2)

1. May 15, 1931 Receivership

Newspaper Excerpt: DIVIDEND DECLARED BY BANK RECEIVER ... The first dividend return to depositors from the Bank of Oakley, which is in liquidation, it was taken under supervision the department recently. announced today by Edward Rainey, superintendent of banks ... being 25 per dividend to depositors in each department.
Source: newspapers

2. * Suspension

Cause: Government Action
Cause Details: Taken under supervision of the state department of banks and placed in liquidation (government/examiner action).
Newspaper Excerpt: the Bank of Oakley, which is in liquidation, it was taken under supervision the department recently.
Source: newspapers

Newspaper Articles (1)

1. May 16, 1931 The Los Angeles Times Los Angeles, CA

Article from The Los Angeles Times, May 16, 1931

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Article Text

DIVIDEND DECLARED BY BANK RECEIVER SAN FRANCISCO. May 15. The first dividend return to depositors. from the Bank of Oakley, which is in liquidation, it was taken under supervision the department recently. announced today by Edward Rainey, superintendent of banks bank went last will to the and the savings department. being 25 per dividend to depositors in each department.