Bank of Baton Rouge (Baton Rouge, LA)

Episode Information

Episode UID
84001171599
Episode Type
Suspension β†’ Closure
Bank Type
trust
Bank ID
8400117 routing
Routing Number
84-0011
Start Date
March 1, 1933*
Location
Baton Rouge, Louisiana (30.451, -91.155)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
6994ba5b9352cd77

Response Measures

None

Description

Bank placed in liquidation after March 1933 banking holiday; RFC loan to receiver issued in July.

Events (3)

1. March 1, 1933* Suspension
Cause
Government Action
Cause Details
Restricted operations following the March 1933 federal/state banking holiday
Newspaper Excerpt
restricted operations following the banking holiday last March
Source
newspapers
2. July 1, 1933* Receivership
Newspaper Excerpt
$1,020,000 to the receiver of the Bank of Baton Rouge at Baton Rouge (RFC loan in July)
Source
newspapers
3. July 27, 1933 Other
Newspaper Excerpt
The City National bank ... opened today, releasing $3,466,167.23 of deposits which for five months have been 'frozen' in the Union Bank and Trust company and the Bank of Baton Rouge. The City National bank supplants the Union bank and the Bank of Baton Rouge ... and have been placed in liquidation.
Source
newspapers

Newspaper Articles (4)

Article Text

Bank Releases $3,466,167 New Institution at Baton Rouge Takes Place of 'Frozen' One BATON ROUGE, La., July 27.β€”(AP)β€”The City National bank, Baton Rouge's new financial institution, opened today, releasing $3,466,167.23 of deposits which for five months have been "frozen" in the Union Bank and Trust company and the Bank of Baton Rouge. The City National bank supplants the Union bank and the Bank of Baton Rouge, which restricted operations following the banking holiday last March, and have been placed in liquidation.


Article Text

New Institution at Baton Rouge Takes Place of 'Frozen' One BATON ROUGE, La., July 27.--(AP)--The City National bank, Baton Rouge's new financial institution, opened today, releasing $3,466,167.23 of deposits which for five months have been "frozen" in the Union Bank and Trust company and the Bank of Baton Rouge. The City National bank supplants the Union bank and the Bank of Baton Rouge, which restricted operations following the banking holiday last March, and have been placed in liquidation.


Article Text

R. F. C. Loans in July in Louisiana Announced Sept )-The largest loan in Louisiana during July by the Reconstruction Finance Corporation was that of to the receiver of the Bank of Baton Rouge at Baton Rouge Other loans authoribed were: The Union Bank and Trust Company, Baton Rouge (receiver), $540.000 Gretna Trust and Savings Bank, (receiver) Bank of Gueydan, Gueydan. $11.- Security Investment and Lean First Joint Stock Land Bank. New Orleans, The following loans were cancelled during the month: Canal Bank and Trust Company, Interstate Trust and Banking Company. New Peoples Bank and Trust Company Minden, 15,000. Use Town Talk Classified Ads.


Article Text

$1,020,000 LOAN TO RECEIVER OF BATON ROUGE BANK IN JULY WASHINGTON. Sept. 7.-The largest loan authorized in Louisiana during July by the Reconstruction Finance corporation was that of $1,020,000 to the receiver of the Bank of Baton Rouge at Baton Rouge. Other loans authorized were: The Union Bank & Trust Co., Baton Rouge (receiver), $540,000. Gretna Trust & Savinks bank (receiver), $25,000. Bank of Gueydan, Gueydan, $11,068. Security Investment & Loan corporation, Monroe, $200,000. First Joint Stock Land bank, New Orleans, $24,500. The following loans were cancelled during the month: Canal Bank & Trust Co., New Orleans, $8,900,000. Interstate Trust & Banking Co., New Orleans, $136,000 Peoples Bank & Trust Co., Minden, $15,000.