Peoples Bank - Westboro, MO

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 1, 1932*
Location: Westboro, Missouri (40.535, -95.319)

Metadata

Model: gpt-5-mini
Short Digest: c18fb32e

Response Measures

None

Description

Article (St. Joseph News-Press, 1933-01-06) reports that the Farmers Bank of Westboro closed a year ago and that a liquidator (receiver) has been named in Jan 1933. No mention of a depositor run; therefore classified as a suspension leading to permanent closure with a receiver appointed.

Events (2)

1. January 1, 1932* Suspension

Cause Details: Article only states the bank closed a year ago (no cause given)
Newspaper Excerpt: He is also in charge of liquidation the Farmers Bank of Westboro, which closed year ago.
Source: newspapers

2. January 6, 1933 Receivership

Newspaper Excerpt: F. H. Hopkins ... has been named liquidator of the defunct Peoples Bank of Westboro ... He is also in charge of liquidation [of] the Farmers Bank of Westboro.
Source: newspapers

Newspaper Articles (1)

1. January 6, 1933 St. Joseph News-Press St. Joseph, MO

Article from St. Joseph News-Press, January 6, 1933

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Article Text

BANK RECEIVER NAMED. F. H. Hopkins to Conduct Liquidaat Westboro. Special The WESTBORO. Mo., Jan. H. Hopkins, former state representative of Atchison County. whas been named liquidator of the defunct Peoples Bank of Westmoro, R. E. Shelby, bank examiner, announced today. will charge at once. He is also in charge of liquidation the Farmers Bank of Westboro, which closed year ago. NEW YORK MARKET. New for