Article Text
Heavy Withdrawals Close Osceola Bank Jefferson City, Feb. Constant withdrawals were blamed the failure of the Citizens State Bank Osceola which closed terday. bank reported loans total $170,253 capital stock $10.000.
10519. Citizens State Bank (Osceola, MO)
Bank Information
- Episode Type
- Run → Suspension → Closure
- Bank Type
- state
- Start Date
- February 13, 1931
- Location
- Osceola, Missouri (38.047, -93.704)
Metadata
- Model
- gpt-5-mini
- Short Digest
a338c2f8
Response Measures
Full suspension
Other: Bank closed due to heavy withdrawals; articles do not mention receiver or reopening.
Description
Newspapers (Feb 14–15, 1931) report heavy/constant withdrawals that closed the Citizens State Bank in Osceola. No reopening or receiver explicitly mentioned in the excerpts; closure phrasing indicates permanent failure. Date taken as Feb 13, 1931 (reported as yesterday in Feb 14 paper).
Events (2)
1.
February 13, 1931
Run
- Cause Details
- Constant/steady heavy withdrawals (run) forced the bank to close; articles do not specify a triggering rumor or specific adverse disclosure.
- Newspaper Excerpt
- Heavy Withdrawals Close Osceola Bank ... Constant withdrawals were blamed the failure of the Citizens State Bank Osceola which closed terday.
- Source
- newspapers
2.
February 13, 1931
Suspension
- Cause Details
- Bank suspended/closed operations due to sustained withdrawals; articles state the directors closed the institution after steady withdrawals.
- Newspaper Excerpt
- Run Closes Bank ... steady withdrawal funds. directors of the citizens' bank of Osceola ... Friday closed the institution.
- Source
- newspapers
Newspaper Articles (2)
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Article Text
Would Have Access ficials would given access income tax returns bill troduced today by Representative Garber, The measure would allow proper authorperson abstract thereof showing the name and income "Run" Closes Bank JEFFERSON Feb. steady withdrawal funds." directors of the citizens' bank of Osceola. St. county, Friday closed the institution. The bank had deposits