11076. Bank of Moss Point (Moss Point, MS)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
August 10, 1906
Location
Moss Point, Mississippi (30.412, -88.534)

Metadata

Model
gpt-5-mini
Short Digest
c10596ea

Response Measures

None

Description

Newspapers report the Scranton State Bank closed and was placed in receivership; the Moss Point branch (Bank at Moss Point) was brought down with it and thus closed. No mention of a depositor run; closure driven by failure of correspondent/parent bank.

Events (1)
1. August 10, 1906 Suspension
Cause
Correspondent
Cause Details
Closure of parent Scranton State Bank (placed in receivership) caused the Moss Point branch to be brought down and close permanently.
Newspaper Excerpt
The Scranton bank, in its fall, also brought down with it the banks at Moss Point and Ocean Springs, which were branches of the Scranton institution.
Source
newspapers

Newspaper Articles (2)
1. August 10, 1906 The Commonwealth Greenwood, MS
Article from The Commonwealth, August 10, 1906

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Article Text

Three Banks Close. The Scranton State Bank closed its doors and was placed in the hands of a receiver. The Scranton bank, in its fall, also brought down with it the banks at Moss Point and Ocean Springs, which were branches of the Scranton institution.

2. August 10, 1906 The Tupelo Journal Tupelo, MS
Article from The Tupelo Journal, August 10, 1906

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Article Text

Three Banks Close. The Scranton State Bank closed its doors and was placed in the hands of a receiver. The Scranton bank, in its fall, also brought down with it the banks at Moss Point and Ocean Springs, which were branches of the Scranton institution.