Crown City Bank - Crown City, OH

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: October 21, 1913
Location: Crown City, Ohio (38.591, -82.283)

Metadata

Model: gpt-5-mini
Short Digest: 74c5bb06

Response Measures

None

Description

Article states the Crown City Bank failed October 21 and that the State Bank Superintendent ordered final liquidation through the state bureau. No mention of a depositor run; failure and receivership/ liquidation are indicated. The October 21 failure likely occurred in 1913 (article dated 1914 says within the past year).

Events (2)

1. October 21, 1913 Suspension

Cause Details: Article reports the bank failed and is in final liquidation; no specific cause (e.g., embezzlement, run, correspondent failure) is given.
Newspaper Excerpt: the Crown City Bank, which failed October 21
Source: newspapers

2. March 20, 1914 Receivership

Newspaper Excerpt: State Bank Superintendent Lattanner ordered in three state banks ... for final liquidation through the state bureau. ... the Crown City Bank, which failed October 21, has paid 75 per cent and will pay out in full.
Source: newspapers

Newspaper Articles (1)

1. March 20, 1914 Fulton County Tribune Wauseon, OH

Article from Fulton County Tribune, March 20, 1914

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Article Text

State to Take Charge. To effect a saving to creditors through receivers' fees and other costs, State Bank Superintendent Lattanner ordered in three state banks that have failed within the past year for final liquidation through the state bureau. The three banks are the Murray City Bank, which failed September 3, has paid 75 per cent and is to pay 20 per cent more shortly; the Citizens' Bank of Beach City, which failed September 24, has paid 40 per cent and will pay 20 per cent more, and the Crown City Bank, which failed October 21, has paid 75 per cent and will pay out in full.