Door County State Bank - Sturgeon Bay, WI

Episode Information

Episode Type: Suspension → Closure
Start Date: September 21, 1931
Location: Sturgeon Bay, Wisconsin (44.834, -87.377)
Bank Type: state

Metadata

Episode ID
Bank ID
City ID: 551575000

Model: gpt-5-mini
Short Digest

Events (2)

1. September 21, 1931 Suspension

Cause: Government Action
Cause Details: Directors placed the bank in the hands of the state banking department; bank failed to open.
Newspaper Excerpt: County State Bank Fails to Open Directors Act to Protect Depositors STURGEON BAY (U.P.) The Door County State bank not for today action taken board protect depositors. deposits faster than possible to reduce the cause. The bank's placed in hands the state banking department.
Source: newspapers

2. September 21, 1931 Receivership

Newspaper Excerpt: The bank's placed in hands the state banking department.
Source: newspapers

Newspaper Articles (1)

1. September 21, 1931 Wisconsin State Journal Madison, WI

Article Text

County State Bank Fails to Open

Directors Act to Protect Depositors

STURGEON BAY (U.P.) The Door County State bank not for today action taken board protect depositors. deposits faster than possible to reduce the cause. The bank's placed in hands the state banking department.

Episode Information

Metadata

Events (2)

Newspaper Articles (1)

Article Text

County State Bank Fails to Open

Bank runs are almost always and everywhere a deterioration of bank fundamentals.

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