Seneca Bank (Seneca, SC)

Episode Information

Episode UID
67022771561
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
6702277 routing
Routing Number
67-0227
Start Date
January 1, 1930*
Location
Seneca, South Carolina (34.686, -82.953)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
36d402a79cf21712

Response Measures

None

Description

Articles indicate the bank closed in 1930 and was in receivership; specific trigger for closure not stated.

Events (4)
1. January 1, 1930* Suspension
Cause Details
Article states the bank closed in 1930 but does not specify the trigger or whether it followed a run or regulatory action.
Newspaper Excerpt
the Seneca bank ... closed in 1930
Source
newspapers
2. May 24, 1932 Other
Newspaper Excerpt
Fant had appointed ... receiver the bank ... president the closed bank ... letters had been turned over federal
Source
newspapers
3. December 14, 1934 Other
Newspaper Excerpt
A five per cent dividend will be paid to the creditors of the old Seneca bank ... receiver of the defunct Seneca bank
Source
newspapers
4. * Receivership
Newspaper Excerpt
Stribling manager of the South Carolina State bank, receiver of the defunct Seneca bank
Source
newspapers

Newspaper Articles (2)
1. May 24, 1932 The Gaffney Ledger Gaffney, SC

Article Text

FANT AS WITNESS IN Bank Examiner Invited to Go Before Committee This Week. Columbia, May house the office State Bank Examiner Albert Fant concluded its work the the that Fant would moned appear Wednesday. The testimony of conclude the the committee session, following terday's sensational meeting when told Fant changes in the report two the Peoples State bank South was brief. house member nee county called. He cized Fant for receiver the Bank minster of threats statements made about the Seneca bank. announcing that Fant would called for the mittee said would furnished all testicopy and would be lowed reply. as made by Phil Huff, the committee, showed Fant had appointed Brereceiver the bank although Dewitt Miller receiver most votes. He told threats since he quoted Ballenhim president the closed bank, saying he (Ballenknew would months before McDonsaid warrant sworn Walhalla by Ballenger, him slander, but withdrawn. He said the letters had been turned over federal

2. December 15, 1934 The Greenville News Greenville, SC

Article Text

Bank At Seneca Is Paying Dividend SENECA Dec 14-A five per cent dividend will be paid to the creditors of the old Seneca bank according to an announcement made by Stribling manager of the South Carolina State bank, receiver of the defunct Seneca bank This dividend will bring the total amount paid the depositors of the Seneca bank to 55 per cent of the amount payable when the bank closed in 1930 The total amount represented $240,995.38 The 5 per cent dividend which the bank will begin paying out Friday will amount to $22,000 The creditors are asked to call at the South Carolina State bank to get their checks.