First National Bank - Shenandoah, PA

Episode Information

Episode UID: 314301619
Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 31430 national
Charter Number: 3143
Start Date: November 7, 1934
Location: Shenandoah, Pennsylvania (40.820, -76.201)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 2d8e851297a8e04e

Response Measures

None

Receivership Details

Depositor recovery rate: 80.7%
Date receivership started: 1934-11-07
Date receivership terminated: 1940-11-30
Share of assets assessed as good: 41.8%
Share of assets assessed as doubtful: 50.5%
Share of assets assessed as worthless: 7.7%

Events (3)

1. March 24, 1884 Chartered

Source: historical_nic

2. November 7, 1934 Receivership

Source: historical_nic

3. November 7, 1934 Receivership

Newspaper Excerpt: Edmund S. Brennan ... has been appointed receiver of the First National Bank, of Shenandoah. He received word of his appointment from the U. S. Treasury Department
Source: newspapers

Newspaper Articles (1)

1. November 14, 1934 The Record American Mahanoy City, PA

Article Text

NAMED BANK RECEIVER Edmund S. Brennan, of Pottsville, proprietor of the Boston Store and a bank director, who is well known here. has been appointed receiver of the First National Bank, of Shenandoah, He received word of his appointment from the U. S. Treasury Department and made a preliminary survey of the bank's condition Saturday.