Article Text
Bank Receiver Moved to Thompson Russell. has been receiver the closed First Bank Bode. has been receiver the recently National Bank Russell received word effect last week Wednesday will leave soon take up his location.
First National Bank (Bode, IA)
Episode Information
- Episode UID
1037101591- Episode Type
- Suspension → Closure
- Bank Type
- national
- Bank ID
-
103710national - Charter Number
- 10371
- Start Date
- July 5, 1932
- Location
- Bode, Iowa (42.868, -94.290)
Metadata
- Model
- gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
- Short Digest
620713d2e9c00b54
Response Measures
None
Receivership Details
- Depositor recovery rate
- 65.6%
- Date receivership started
- 1931-10-01
- Date receivership terminated
- 1937-12-23
- Share of assets assessed as good
- 13.8%
- Share of assets assessed as doubtful
- 77.5%
- Share of assets assessed as worthless
- 8.7%
Description
Articles show the bank was closed and in receivership; exact suspension date not given and OCR errors present.
Events (4)
1.
April 23, 1913
Chartered
- Source
- historical_nic
2.
October 1, 1931
Receivership
- Source
- historical_nic
3.
July 5, 1932
Suspension
- Cause
- Government Action
- Cause Details
- Bank was closed and placed in receivership (receiver referenced as having moved)
- Newspaper Excerpt
- Russell. has been receiver the closed First Bank Bode.
- Source
- newspapers
4.
January 5, 1934
Receivership
- Newspaper Excerpt
- Announcement was made in Bode week ago that Selby Russell, receiver, and assistant Mr. Mitchell, of the First National bank have resigned from their positions there.
- Source
- newspapers
Newspaper Articles (2)
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Article Text
Bank Receiver and Assistant Resign Announcement was made in Bode week ago that Selby Russell, receiver, and assistant Mr. Mitchell, of the First National bank have resigned from their positions there. Both have cured permanent positions with insurance company at MilwauWisconsin. Mr. Russell will be employed in the central office Milwaukee and Mitchell work field representative the company.