Bank of Republic - Republic, MO

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: March 1, 1933*
Location: Republic, Missouri (37.120, -93.480)

Metadata

Model: gpt-5-mini
Short Digest: dfdabd03

Response Measures

None

Description

Article states the bank had been under restrictions since March 1933 and on 1934-11-20 the State Finance Department took the bank for liquidation. No run is mentioned. 'Under restrictions' indicates a suspension; takeover by the State Finance Department indicates government action leading to closure/receivership.

Events (2)

1. March 1, 1933* Suspension

Cause: Government Action
Cause Details: Placed under restrictions in March 1933 (banking restrictions imposed by authorities).
Newspaper Excerpt: under restrictions since March, 1933
Source: newspapers

2. November 20, 1934 Receivership

Newspaper Excerpt: STATE TAKES CHARGE OF BANK AT REPUBLIC ... The Bank of Republic, at Republic ... today was taken over by the State Finance Department for liquidation.
Source: newspapers

Newspaper Articles (1)

1. November 20, 1934 St. Louis Globe-Democrat St. Louis, MO

Article from St. Louis Globe-Democrat, November 20, 1934

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Article Text

STATE TAKES CHARGE OF BANK AT REPUBLIC By Associated Press. JEFFERSON CITY, MO., November The Bank of Republic, at Republic, in Greene County, under restrictions since March, 1933, today was taken over by the State Finance Department for liquiIt had deposits of was capitalized at $10,000, and had totaling $202,000.