Commercial Bank & Savings Company

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: April 27, 1932
Location: Bowling Green, Ohio (41.375, -83.651)

Metadata

Model: gpt-5-mini
Short Digest: 4da3056f

Response Measures

None

Description

Article (May 4, 1932) reports the Commercial Bank & Savings Company of Bowling Green as closed and under grand jury investigation with indictments returned. No run or depositor agitation is mentioned; the story describes criminal probe into the bank's affairs, implying bank-specific adverse information and permanent closure/receivership.

Events (2)

1. April 27, 1932 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Grand jury probe and impending indictments into the bank's affairs; criminal investigation led to closure.
Newspaper Excerpt: investigation of the affairs the closed Commercial Bank and Savings Company...the closing of the Bowling Green bank on since last Wed
Source: newspapers

2. May 4, 1932 Receivership

Newspaper Excerpt: The grand jury ... had completed its investigation of the affairs the closed Commercial Bank and Savings Company. Copies of indictments will be given Sheriff Bruce Pratt today expected, will be served within the next hours.
Source: newspapers

Newspaper Articles (1)

1. May 4, 1932 The Daily Sentinel-Tribune Bowling Green, OH

Article from The Daily Sentinel-Tribune, May 4, 1932

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Article Text

GRAND JURY REPORTS BANK PROBE Returning unknown number of indictments, the grand jury the April term common court reported Judge Clelland shortly before today had completed its investigation of the affairs the closed Commercial Bank and Savings Company. The grand jury, with ProsecutRaymond Ladd, was eight days the last two and weeks and amined than thirty its probe the closing of the Bowling Green bank on since last Wedthe jury this morning and its work returning the true bills which were upon, witnesses having called for today. The grand jury reported to Judge McClelland noon and, all the indictments cautioned by the Court against revealing details of its report. The jurors were until such time they may be called again. Copies of indictments will be given Sheriff Bruce Pratt today expected, will be served within the next hours. Followthe serving the indictments contents and those named them will be made public. May congressmen, house naval five left here today test flight in the navay dirigible Akron.