Ringling Trust & Savings Bank (Sarasota, FL)

Episode Information

Episode UID
63039671601
Episode Type
Suspension → Closure
Bank Type
trust
Bank ID
6303967 routing
Routing Number
63-0396
Start Date
May 14, 1933
Location
Sarasota, Florida (27.336, -82.531)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
803250b5e965aad0

Response Measures

None

Description

Bank is described as being placed in liquidation and offering full withdrawal—voluntary closing.

Events (1)
1. May 14, 1933 Suspension
Cause
Voluntary Liquidation
Cause Details
Bank is in process of liquidation; management notified depositors they may withdraw deposits in full.
Newspaper Excerpt
The bank is now in process of liquidation and Mrs. Ringling has notified all depositors that they may withdraw their deposits 100 per cent.
Source
newspapers

Newspaper Articles (2)
1. May 14, 1933 The Knoxville Journal Knoxville, TN

Article Text

KEEPING FAITH Ten years ago Charles Ringling, of the famed "Ringling Brothers and Barnum & Bailey," founded the Ringling Trust & Savings bank, of Sarasota, with the slogan, "Our Strength is Your Protection." When Charles Ringling died in 1926, Mrs. Ringling became chairman of the board of directors and assumed full responsibility for protection of the depositors. The bank is now in process of liquidation and Mrs. Ringling has notified all depositors that they may withdraw their deposits 100 per cent. There has been no long line of people clamoring to close their accounts, and many have even requested the favor of leaving their deposits in the bank for the time being.

2. May 14, 1933 The Knoxville Journal Knoxville, TN

Article Text

KEEPING FAITH Ten years ago Charles Ringling, of the famed "Ringling Brothers and Barnum & Bailey," founded the Ringling Trust & Savings bank, of Sarasota, with the slogan, "Our Strength is Your Protection." When Charles Ringling died in 1926, Mrs. Ringling became chairman of the board of directors and assumed full responsibility for protection of the depositors. The bank is now in process of liquidation and Mrs. Ringling has notified all depositors that they may withdraw their deposits 100 per cent. There has been no long line of people clamoring to close their accounts, and many have even requested the favor of leaving their deposits in the bank for the time being. Perhaps this story does not belong to "Music and Drama," but I mention it because of the place held in the amusement world by the Ringlings. They have always brought gladness to the human heart with their "Greatest Show on Earth" and it is refreshing to note that in Sarasota, Fla., they are "closing with honor." KATHARINE CORNELL Just as she closed "The Barretts of Wimpole Street" in New York long before public interest in the play was exhausted, so Katharine Cornell closed Sidney Howard's "Alien Corn" last night so that she could take the play to the Chicago World fair and also present it in Philadelphia and Boston with the original New York cast. Miss Cornell has been influenced in changing her announced plan to act "Alien Corn" in New York until hot weather by the many letters she has received from the mid-west urging her to appear in Chicago during the Century of Progress World fair.