First National Bank - Crestline, OH

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 13273
Charter Number: 13273
Start Date: February 3, 1931
Location: Crestline, Ohio (40.788, -82.737)

Metadata

Model: gpt-5-mini
Short Digest: b3e9a43f55ea4d26

Response Measures

None

Description

Article (The Galion Inquirer, 1931-02-03) reports appointment of Evensen as receiver for the First National Bank of Crestline. No mention of a depositor run or attempted reopening; bank is being wound up, so classify as suspension leading to permanent closure/receivership. OCR errors in the clipping were corrected (e.g., ceiver -> receiver).

Events (2)

1. January 16, 1929 Chartered

Source: historical_nic

2. February 3, 1931 Receivership

Newspaper Excerpt: Evensen Appointed Receiver for Former Bank ... Evensen was appointed receiver ... to wind up its affairs ... The First National Bank Crestline ... to wind up its affairs in connection with any business that may come ... assigned receiver of the First National Bank Crestline ... good shape, with ample resources business.
Source: newspapers

Newspaper Articles (1)

1. February 3, 1931 The Galion Inquirer Galion, OH

Article from The Galion Inquirer, February 3, 1931

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Article Text

BUSINESS Evensen Appointed Receiver for Former Bank The First National Bank "in" Crestline functioning fiduciary institution in Crestline. The First National Bank "of" Crestline, not an active concern. simply an organization the business of which was taken over some years by the bank. This explanation made clear the reason for the appointof Evensen, receiver of the Citizens National bank. as ceiver of the First National Bank Crestline, just announced. Mr. Evensen was appointed ceiver wind up its affairs in connection with any business that may come The First National Bank Crestline good shape, with ample resources business.