Bank of Groveland (Groveland, FL)

Episode Information

Episode UID
63025871519
Episode Type
Suspension → Reopening
Bank Type
state
Bank ID
6302587 routing
Routing Number
63-0258
Start Date
July 6, 1926
Location
Groveland, Florida (28.558, -81.851)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
8dd260e4e8cb36a3

Response Measures

None

Events (3)
1. July 6, 1926 Suspension
Cause
Correspondent
Cause Details
Funds of the Bank of Groveland were frozen with its correspondent, Bankers' Trust Company of Atlanta, causing closure.
Newspaper Excerpt
The bank has been closed since July 6, due to the funds being frozen with the Bankers' Trust company of Atlanta.
Source
newspapers
2. September 6, 1926 Receivership
Newspaper Excerpt
E. E. Edge, merchant of this city, has been appointed receiver the bank of Groveland, and is now in charge ... The bank has been closed since July 6, due to the funds being frozen with the Bankers' Trust company of Atlanta.
Source
newspapers
3. December 18, 1926 Other
Newspaper Excerpt
Bank of Groveland ... will be reopened Dec 18.
Source
newspapers

Newspaper Articles (4)
1. September 5, 1926 The Tampa Tribune Tampa, FL
Article from The Tampa Tribune, September 5, 1926

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Article Text

The Weather for Southeast Sunday to southeast Georgia, Extreme Northwest Florida: Partly east south Partly with and Monday: and Monday: gentle southerly Rainfall Total for 24 since Sept. Deficiency Jan. Tides Today Sept. Moon will new Sept. for Tampa. For time subtract one hour twenty utes. Winds East Gulf: Gentle east and partly overcast rains Sunday and Windward Moderate local rains Sunday Sandy Hatteras Gentle and generally fair weather Sunday. Barometer reduced was 30.00 inches._ BANK RECEIVERS NAMED GROVELAND, Sept. 4-(Tribune News Edge. pioneer merchant here, aappointed receiver for the Bank Groveland, which been closed July Mr. Edge is being assisted by E. Acre. Plans for the opening of new bank are under way, which will include the taking the affairs of the Bank of Groveland. Hourly Temperature Yesterday Humidity 12:30 Dry Temperatures Elsewhere Atlantic City Atlanta Asheville Birmingham Boston Chicago Cincinnati Moines Detroit Paso Kansas Little Rock Memphis Meridian Miami New York Orleans Pittsburgh Antonio Francisco Louis Vicksburg Washington

2. September 6, 1926 The Tampa Times Tampa, FL
Article from The Tampa Times, September 6, 1926

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Article Text

GROVELAND BANK RECEIVER NAMED Institution Has Been Closed Since July 6. Groveland, Sept. 6.-E. E. Edge, merchant of this city, has been appointed receiver the bank of Groveland, and is now in charge and will make every effort to collect all claims and realize every possible cent for the creditors. The bank has been closed since July 6, due to the funds being frozen with the Bankers' Trust company of Atlanta. Mr. Edge is being assisted in his work by E. A. Acre and aside from the actual expense incurred Mr. Edge will make no charge for his services. Some plans for the opening of new bank are under way which will include the taking over of the assets of the defunct bank and hquidate far as possible Business men generally are back of the move to open the new bank.

3. December 3, 1926 The Tampa Tribune Tampa, FL
Article from The Tampa Tribune, December 3, 1926

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Article Text

BANK OF GROVELAND TO BE OPENED SOON GROVELAND, Dec (Tribune News Bank Examiner R. F. Rogers is here going over the affairs of the Bank of Groveland. which according present plans, will be reopened Dec 18. Work new bank building which stopped when the bank temporarily suspended business last July, has resumed. Edge will and John Hightower will be

4. June 1, 1927 The Palm Beach Post West Palm Beach, FL
Article from The Palm Beach Post, June 1, 1927

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Article Text

FIRST AMERICAN HERE ADDS GRATIFICATION Twenty-five Banks Closed In State Are Reopened In Last Nine Months BANK OPENS Tallahassee, May 31—AP.—Authority has been granted the People's Bank, of St. Cloud to reopen tomorrow, it was announced today at the state banking department. The bank suspended operations sometime ago. By the Associated Press Tallahassee, May 31.—Gratification is being expressed by the state banking department over the rapid succession of bank reopenings taking place over Florida. Reopening of the Bank of Orange and Trust company, of Orlando, and the First-American Bank and Trust company, of West Palm Beach, the latest of the institutions to announce a resumption of business was received with satisfaction here by the banking department officials. The successive reopenings, it was declared, has been due largely to cooperative efforts extended among banking department officials and heads of the institutions, and to an excellent spirit prevailing among the public. Particularly without the latter, such progress could not be accomplished, it was stated. Since August, 1926, twenty-five banks which had previously suspended, have reopened, according to a revised list compiled by banking department heads. Two other institutions reopened, and later closed again. Following is a list of the reopened banks of the state, their location, and the date of their reopening: Citizens Bank of Bushnell, Bushnell, Feb. 1, 1927; Delray Bank and Trust company, Delray, Nov. 1, 1926; People's Bank and Trust company, St. Petersburg, Oct. 5, 1926; Bank of Osceola County, Kissimmee, Sept. 14, 1926; Bank of Dade City, Dade City, Sept. 11, 1926. Palatka Bank and Trust company, Palatka, Oct. 4, 1926; Bank of Groveland, Groveland, Dec. 18, 1926; Bank of Umatilla, Umatilla, Oct. 7, 1926; First State Bank of Clermont, Clermont, Sept. 28, 1926; Citizens Bank of Eustis, Oct. 27, 1926; Bank of Mount Dora, Mount Dora, Sept. 7, 1926; Bank of Tavares, Tavares, Aug. 24, 1926; Bank of Oakland, Oakland, Oct. 4, 1926. Commercial Bank of Live Oak, Live Oak, Sept. 11, 1926; Bank of Jennings, Jennings, Sept. 13, 1926; Lake Butler Bank, Lake Butler, Dec. 3, 1926; Bank of Monticello, Monticello, Sept. 14, 1926; Polk County Trust company, Lakeland, Sept. 28, 1926; State Exchange Bank, Lake City, Oct. 16, 1926; East Florida Savings and Trust company, Palatka, Mar. 3, 1927. Stuart Bank and Trust company, Stuart, Oct. 11, 1926; People's Bank of Crescent City, Crescent City, Sept. 27, 1926; Palmetto State Bank, Palmetto, May 19, 1927; Bank of Orange and Trust company, Orlando, May 23, 1927, and First American Bank and Trust company, West Palm Beach, May 25, 1927.