Vandeventer Bank - St Louis, MO

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 1, 1932*
Location: St Louis, Missouri (38.627, -90.198)

Metadata

Model: gpt-5-mini
Short Digest: 8df41ff4

Response Measures

None

Description

Article (St. Louis Post-Dispatch, 1932-03-04) states the bank was closed by its directors in January and a receiver (Joseph F. Holland) was authorized by the court in early March to sell assets. No explicit run is mentioned in the provided text; the bank was suspended/closed and placed in receivership. I inferred the suspension date as January 1932 from the article and the receivership date as 1932-03-04 (article date).

Events (2)

1. January 1, 1932* Suspension

Cause: Bank Specific Adverse Info
Cause Details: Closed by its directors in January 1932, implying inability to continue (insolvency/financial distress); article notes deposits and capital but context indicates closure rather than a temporary stoppage.
Newspaper Excerpt: The bank was closed by its directors Jan.
Source: newspapers

2. March 4, 1932 Receivership

Newspaper Excerpt: Joseph F. Holland, receiver ... obtained from Judge Faris today ... authorized by court to sell ... the bank was closed by its directors Jan.
Source: newspapers

Newspaper Articles (1)

1. March 4, 1932 St. Louis Post-Dispatch St. Louis, MO

Article from St. Louis Post-Dispatch, March 4, 1932

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Article Text

OBTAINS PERMISSION TO SELL VANDEVENTER BANK SECURITIES Receiver Authorized by Court to Dispose of Assets Valued at $450,000. Joseph F. Holland. receiver for tained an from Judge Faris today him to sell par of are among the bank's The bank was closed by its directors Jan. had deposits of about capital of and in