Hayes & Hayes - Aberdeen, WA

Episode Information

Episode UID: 98002971526
Episode Type: Suspension → Closure
Bank Type: state
Bank ID: 9800297 routing
Routing Number: 98-0029
Start Date: February 9, 1927
Location: Aberdeen, Washington (46.975, -123.816)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 81b6e307f11ccd38

Response Measures

None

Description

Article calls the institution a 'failed bank' and reports its closing; no receiver explicitly named.

Events (1)

1. February 9, 1927 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Article describes the bank as having closed/failed; president located in California and a reorganization committee named.
Newspaper Excerpt: The closing of the Hayes and Hayes bank is being accepted philosophically by Aberdeen.
Source: newspapers

Newspaper Articles (1)

1. February 9, 1927 The Daily Herald Everett, WA

Article from The Daily Herald, February 9, 1927

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Article Text

HARBOR TAKES BANK FAILURE WITH CALM ABERDEEN. Feb. 9.-The closing of the Hayes and Hayes bank is being accepted phildsophically by Aberdeen. Business continued today as usual and long lines of depositors stood at both the Grays Harbor National and the First National banks to place money in those institutions. There have been no withdrawals of deposits worthy of consideration. Ratio of deposits has increased from two to three to one, as compared with withdrawals. Mrs. W. Patterson, president of the failed bank, located in California yesterday, is now on her way to Aberdeen, and is expected to arrive at her home here in a few days. No large industry aside from the Independence Logging company and its subsidiaries has been affected by the bank supension. The reogganization committee named Sunday has had several meetings, but has adopted no line of action as yet. Governor Hartley and State DI. rector of Efficiency Gardner visited here last night to offer State Bank Ing Supervisor H. Johnson and the community any possible assistance of the state