Rosebud Bank - Rosebud, MO

Bank Information

Episode Type: Suspension → Reopening
Bank Type: state
Start Date: February 11, 1933
Location: Rosebud, Missouri (38.387, -91.401)

Metadata

Model: gpt-5-mini
Short Digest: 586ebbba

Response Measures

None

Description

Article (Feb 10, 1933) indicates the bank is planning to reopen under a waiver/withdrawal-restriction plan (Hermann plan) and will ask depositors to waive 45 cents on the dollar. The piece implies the bank was suspended/closed prior to reopening but does not describe a prior run or the precise cause of suspension.

Events (2)

1. February 11, 1933 Reopening

Newspaper Excerpt: It is the intention of the directors to reopen the bank under the Hermann plan of waiver and withdrawal restrictions. The depositors will be asked to waive 45 cent. of their deposits.
Source: newspapers

2. * Suspension

Cause Details: Article does not specify reason for prior suspension; only describes planned reopening under a waiver/withdrawal restriction (Hermann plan).
Newspaper Excerpt: The Rose Bud Bank of Rosebud will have stockholders and depositors meeting tomorrow (Saturday) afternoon. It is the intention of the directors to reopen the bank under the Hermann plan of waiver and withdrawal restrictions.
Source: newspapers

Newspaper Articles (1)

1. February 10, 1933 The Advertiser-Courier Hermann, MO

Article from The Advertiser-Courier, February 10, 1933

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Article Text

Rose Bud Bank To Try Waiver Plan The Rose Bud Bank of Rosebud will have stockholders and depositors meeting tomorrow (Saturday) afternoon. It is the intention of the directors to reopen the bank under the Hermann plan of waiver and withdrawal restrictions. The depositors will be asked to waive 45 cent. of their deposits.