Troutdale State Bank (Troutdale, OR)

Episode Information

Episode UID
96029971615
Episode Type
Suspension → Reopening
Bank Type
state
Bank ID
9602997 routing
Routing Number
96-0299
Start Date
July 11, 1934
Location
Troutdale, Oregon (45.539, -122.387)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
e4ca0e9f34c84e03

Response Measures

None

Description

Article describes authorized releases of previously restricted deposits by the state superintendent.

Events (1)
1. July 11, 1934 Suspension
Cause
Government Action
Cause Details
State superintendent of banks (A. A. Schramm) authorized incremental releases of previously restricted deposits (10% savings, 5% commercial), indicating prior restriction by regulator.
Newspaper Excerpt
The Troutdale State Bank was authorized to make an additional 10 per cent release of its restricted deposits in the savings department and five per cent of its restricted deposits in the commercial department.
Source
newspapers

Newspaper Articles (2)
1. July 11, 1934 Statesman Journal Salem, OR

Article Text

Troutdale Bank Gets New Release The Troutdale State Bank was authorized to make an additional 10 per cent release of its restricted deposits in the savings department and five per cent of its restricted deposits in the commercial department. This makes total releases of 60 per cent in the savings department and 40 per cent in the commercial department. The order was issued by A. A. Schramm, state superintendent of banks. START BRIDGE WORK Work on the new county bridge on the Donald-Newberg road, one and one-half miles from Champoeg, began this week, the county court reported yesterday. The new bridge, 50 feet long with a 24-foot roadway, replaces an old covered structure. The new bridge will be of wooden construction on cedar piling. LEE DOW IN HOSPITAL MIDDLE GROVE, July 10.—Lee Dow was rushed to the Deaconess hospital early Saturday for an appendix operation. His condition was improved and it is thought that he will recuperate quickly.

2. July 11, 1934 Statesman Journal Salem, OR

Article Text

The Troutdale State Bank was authorized to make an additional 10 per cent release of its restricted deposits in the savings department and five per cent of its restricted deposits in the commercial department. This makes total releases of 60 per cent in the savings department and 40 per cent in the commercial department. The order was issued by A. A. Schramm, state superintendent of banks.