Union National Bank - Fostoria, OH

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 9192
Charter Number: 9192
Start Date: May 19, 1934
Location: Fostoria, Ohio (41.157, -83.417)

Metadata

Model: gpt-5-mini
Short Digest: 0543797fec0badfa

Response Measures

None

Receivership Details

Depositor recovery rate: 60.1%
Date receivership started: 1933-12-15
Date receivership terminated: 1939-02-28
Share of assets assessed as good: 35.5%
Share of assets assessed as doubtful: 50.6%
Share of assets assessed as worthless: 13.9%

Description

Article (Cincinnati Enquirer, 1934-05-19) refers to the receiver for the Union National Bank of Fostoria and discusses the receiver paying the bank's delinquent taxes. No mention of a contemporaneous run or reopening; the presence of a receiver implies the bank had closed and been placed in receivership. Date of receivership not explicitly given beyond the article date.

Events (3)

1. July 15, 1908 Chartered

Source: historical_nic

2. December 15, 1933 Receivership

Source: historical_nic

3. May 19, 1934 Receivership

Newspaper Excerpt: The receiver for the Union National Bank Fostoria ... the receiver for the Union National Bank Fostoria, Bricker ... to pay the bank's delinquent taxes.
Source: newspapers

Newspaper Articles (1)

1. May 19, 1934 The Cincinnati Enquirer Cincinnati, OH

Article from The Cincinnati Enquirer, May 19, 1934

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Article Text

RECEIVERS MUST PAY Bank's Taxes, Attorney-General Rules In Fostoria Case. Columbus, Ohio, May Bank must pay the bank's taxes, Attorney John W. Bricker advised the Attorney of Seneca today. The receiver for the Union National Bank Fostoria, Bricker was insisted that in paying the bank's delinquent taxes he need pay only the amount of taxes due out penalties or interest Bricker held he must pay the penalties and interest of failure to pay the taxes. In an to the Prosecuting Attorney of Jackson Brick er held that trustees are without to transfer any money from their general fund or gasoline tax fund the county treasury to be used by the county commissioners for poor relief.