First State Bank (West Manchester, OH)

Episode Information

Episode UID
56119871599
Episode Type
Suspension → Reopening
Bank Type
state
Bank ID
5611987 routing
Routing Number
56-1198
Start Date
March 1, 1933*
Location
West Manchester, Ohio (39.903, -84.626)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
0f61e5c33f13fcab

Response Measures

None

Description

Bank had been under a conservator and liquidating agent before reopening.

Events (2)
1. March 1, 1933* Suspension
Cause
Government Action
Cause Details
Closed during the federal banking holiday of March 1933 and remained under conservator/liquidation oversight.
Newspaper Excerpt
suspension of operations dating back to the Federal Bank Holiday of March, 1933.
Source
newspapers
2. March 30, 1935 Reopening
Newspaper Excerpt
the First State Bank of West Manchester reopened for normal business activities at noon, Saturday, after a suspension of operations dating back to the Federal Bank Holiday of March, 1933.
Source
newspapers

Newspaper Articles (3)
1. March 30, 1935 The Richmond Item Richmond, IN

Article Text

W. MANCHESTER BANK TO REOPEN FOR BUSINESS Ohio State Banking Department Issues License for Normal Activities WEST MANCHESTER, Ohio, Mar. 29.—Under license just granted by the Ohio State Banking Department the First State Bank of West Manchester will reopen for normal business activities at noon, Saturday, after a suspension of operations dating back to the Federal Bank Holiday of March, 1933. Announcement was made today that coincident with the reopening of the bank a 50 per cent payment will be made on all deposits of more than $25. Deposits which are less than that amount will be refunded in full. After issuance of additional stock an organization meeting is to be held. Hold-over officers of the Bank are Carl A. Leas, president; R. G. Howell, vice-president; Charles A. Ford, secretary. With the reopening of the institution Robert P. Eyer will serve as cashier. Prior to the closing of the bank Mr. Eyer served as assistant cashier. During the past year, during which time the Bank has been under a conservator, Mr. Eyer served as liquidating agent. The 50 per cent payment to be made Saturday will be the first dividend received by depositors since the Bank suspended operations.

2. March 30, 1935 Palladium-Item Richmond, IN

Article Text

W. MANCHESTER BANK REOPENED FOR BUSINESS WEST MANCHESTER, Ohio, Mar. 30.—Under license just granted by the Ohio State Banking Department the First State Bank of West Manchester reopened for normal business activities at noon, Saturday, after a suspension of operations dating back to the Federal Bank Holiday of March, 1933. Announcement was made yesterday that coincident with the reopening of the bank a 50 per cent payment will be made on all deposits of more than $25. Deposits which are less than that amount will be refunded in full.

3. March 30, 1935 Palladium-Item Richmond, IN

Article Text

WEST MANCHESTER, Ohio, Mar. 30.—Under license just granted by the Ohio State Banking Department the First State Bank of West Manchester reopened for normal business activities at noon, Saturday, after a suspension of operations dating back to the Federal Bank Holiday of March, 1933. Announcement was made yesterday that coincident with the reopening of the bank a 50 per cent payment will be made on all deposits of more than $25. Deposits which are less than that amount will be refunded in full. After issuance of additional stock an organization meeting is to be held. Hold-over officers of the Bank are Carl A. Leas, president; R. G. Howell, vice-president; Charles A. Ford, secretary. With the reopening of the institution Robert P. Eyer will serve as cashier. Prior to the closing of the bank Mr. Eyer served as assistant cashier. During the past year, during which time the Bank has been under a conservator, Mr. Eyer served as liquidating agent. The 50 per cent payment Saturday was the first dividend received by depositors since the Bank suspended operations.