First National Bank (Finleyville, PA)

View Charter #13869 on SPMC View balance sheet

Episode Information

Episode UID
1386901599
Episode Type
Suspension → Reopening
Bank Type
national
Bank ID
138690 national
Charter Number
13869
Start Date
March 1, 1933*
Location
Finleyville, Pennsylvania (40.253, -80.004)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
f2e4f52435d015b1

Response Measures

None

Description

Receiver was for the bank's slow assets only, not a full bank receivership.

Events (4)
1. March 1, 1933* Suspension
Cause
Government Action
Cause Details
Closed as part of the 1933 banking holiday declared the previous year
Newspaper Excerpt
the bank when it was closed during the bank holiday last year
Source
newspapers
2. December 9, 1933 Chartered
Source
historical_nic
3. December 9, 1933 Reopening
Newspaper Excerpt
The bank opened last December after raising $60,000 in a reorganization drive.
Source
newspapers
4. January 30, 1934 Receivership
Newspaper Excerpt
A receiver was appointed to dispose of these assets.
Source
newspapers

Newspaper Articles (2)
1. January 30, 1934 The Pittsburgh Press Pittsburgh, PA

Article Text

FINLEYVILLE BANK RECEIVER CRITICIZED Depositors Ask Removal on Grounds That Official Costs Too Much Special to The Pittsburgh Press WASHINGTON, Pa., Jan. 30—Depositors of the First National Bank of Finleyville last night passed a resolution requesting the Comptroller of Currency to revoke the appointment of a receiver for the slow assets of the institution. The bank opened last December after raising $60,000 in a reorganization drive. There were some assets, including mortgages and negotiable securities, which were left from the bank when it was closed during the bank holiday last year. A receiver was appointed to dispose of these assets. At the meeting, the depositors claimed the receiver was too costly and asked that trustees be appointed to handle the assets.

2. January 30, 1934 The Pittsburgh Press Pittsburgh, PA

Article Text

Special to The Pittsburgh Press WASHINGTON, Pa., Jan. 30—Depositors of the First National Bank of Finleyville last night passed a resolution requesting the Comptroller of Currency to revoke the appointment of a receiver for the slow assets of the institution. The bank opened last December after raising $60,000 in a reorganization drive. There were some assets, including mortgages and negotiable securities, which were left from the bank when it was closed during the bank holiday last year. A receiver was appointed to dispose of these assets. At the meeting, the depositors claimed the receiver was too costly and asked that trustees be appointed to handle the