Ionia County National Bank (Ionia, MI)

Episode Information

Episode UID
1418701614
Episode Type
Suspension โ†’ Closure
Bank Type
national
Bank ID
141870 national
Charter Number
14187
Start Date
June 1, 1934*
Location
Ionia, Michigan (42.987, -85.071)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
be62ac0f0938acb1

Response Measures

None

Description

Closed earlier under the state banking holiday, reopened June 11, then receiver named in early July.

Events (4)

1. June 1, 1934* Suspension
Cause
Government Action
Cause Details
Closed as a result of the state bank holiday and subsequent reorganization
Newspaper Excerpt
closed since the state bank hollday
Source
newspapers
2. June 9, 1934 Chartered
Source
historical_nic
3. June 11, 1934 Reopening
Newspaper Excerpt
IONIA BANK TO REOPEN. ... The Ionia County National Bank ... will reopen releasing the funds of the old bank.
Source
newspapers
4. July 8, 1934 Receivership
Newspaper Excerpt
Allen A. McCurdy ... was appointed receiver for the Ionia National bank.
Source
newspapers

Newspaper Articles (7)

Article from Battle Creek Moon-Journal, June 11, 1934

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Article Text

IONIA BANK TO REOPEN. Ionia June The Ionia County National Bank which the Ionia National Bank of which former Fred Green was president. will reopen releasing the funds of the old bank, was announced today.


Article from The Grand Rapids Press, June 11, 1934

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Article Text

BANK CENT Reorganized, Opens Tuesday; Funds Released at Battle Creek. (By Associated Press.) Scheduled reopenings two banks in that third be organized are announced. The recently reorganized County National bank, Ionia, closed since the state bank hollday, reopen The institution, which succeeds the National Bank of Ionia, will offer an immediate 45 per cent release, approximating Battle Creek's Security Na. tional bank reopen Monday, releasing pounded the Merchants reopening 100 cent payoff for those hav. ing $100 less on deposit. That will have became assured the that the sale bank had pleted. Pays at Holland June First State release deposits, beginning make retired since reopened about months the bank liquidation than $350,000, at the time openR. Don that the bill notes all assets and clear. Speeds Payments. Paw Paw, State bank complete its tificates six Under the plan the might years complete installments.


Article from The Saginaw News, July 8, 1934

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Article Text

NAMED AS BANK RECEIVER Allen A. McCurdy to Take Charge of lonia Institution. Allen A. McCurdy formerly head of the bond department of the Bank of Saginaw, yesterday was appointed receiver for the Ionia National bank. succeeding Alvah D. Cummings, who resigned yesterday as receiver for both the Ionia and the Hastings National banks. Mr. Crimmins' successor as receiver of the Hastings bank has not yet been named. He recently was indicted by the federal grand jury at Detroit on charges of alleged falsification or conspiracy to falsify bank reports.


Article from The Grand Rapids Press, July 9, 1934

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Article Text

Crimmins Resigns As Banks' Receiver Ionia, July D. Crimmins, formerly banker in Grand Rapids, has resigned as ceiver for the Ionia National bank and also for the Hastings National Allen A. McCurdy. an official of the Bank of name successor in the National receivership. indicted recently by the federal grand jury charges conspiracy to falsify bank reports.


Article from The Flint Journal, July 11, 1934

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Article Text

NAMED SUCCESSOR TO BANK RECEIVER George Dye, former county and city official, has, been pointed the Hastings National bank according to word from Washington Dye will take the held by Alvah former Grand Rapids banker recently was indicted by the federal grand jury in Detroit. Crimmins resigned both as refor the and as for the Ionia National bank. Dye was member of the United department, stationed at Marquette.


Article from The Flint Journal, July 11, 1934

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Article Text

NAMED SUCCESSOR TO BANK RECEIVER Ionia, July George Dye, former county and Ionia city official, has been pointed for the Hastings National bank, according to word Dye take the held by former Grand Rapids recently was indicted by the federal grand in Detroit. Crimmins resigned both as re. ceiver for the as receiver for the Ionia National bank. Dye formerly was member of the United States department, stationed at Marquette.


Article from The Herald-Press, July 12, 1934

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Article Text

Former Ionia County And City Official Appointed Hastings Bank Receiver IONIA. Mich., July 12 (AP) George Dye, former Ionia county and city official, has been appointed receiver for the Hastings National bank. according to word from Washington Dye will take the position held by Alvah D. Crimmins, former Grand Rapids banker who recently was :ndicted by the federal grand jury in Detroit. Crimmins resigned both as receiver for the Hastings bank and as receiver for the Ionia Nati mal bank. Dye formerly was member of the United States internal revenue department, stationed at Marquette.