Blairsville National Bank - Blairsville, PA

Bank Information

Episode Type: Suspension → Reopening
Bank Type: national
Bank ID: 4919
Charter Number: 4919
Start Date: November 9, 1933
Location: Blairsville, Pennsylvania (40.431, -79.261)

Metadata

Model: gpt-5-mini
Short Digest: 820beb5e

Response Measures

None

Description

Article (dated 1933-11-09) announces early reopening under a conservator and RFC support. No mention of a depositor run. The bank had been under conservatorship (suspension) and is now reopening with subscribed common capital and RFC preferred stock purchase.

Events (4)

1. October 11, 1893 Chartered

Source: historical_nic

2. November 9, 1933 Reopening

Newspaper Excerpt: Early opening of the Blairsville National bank was seen here today with the announcement by H. Rhoades, conservator. that all the $50,000 in common had been subscribed The Reconstruction Finance Corporation has agreed to purchase similar sum in preferred stock.
Source: newspapers

3. March 24, 1934 Voluntary Liquidation

Source: historical_nic

4. * Suspension

Cause: Government Action
Cause Details: Bank had been placed under a conservator (conservatorship) prior to this announcement.
Newspaper Excerpt: announcement by H. Rhoades, conservator
Source: newspapers

Newspaper Articles (1)

1. November 9, 1933 Bradford Evening Star and The Bradford Daily Record Bradford, PA

Article from Bradford Evening Star and The Bradford Daily Record, November 9, 1933

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Article Text

SEE EARLY BANK REOPENING Blairsville, Pa., Nov. 9-Early opening of the Blairsville National bank was seen here today with the announcement by H. Rhoades, conservator. that all the $50,000 in common had been subscribed The Reconstruction Finance Corporation has agreed to purchase similar sum in preferred stock.