Rempel National Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 9284
Charter Number: 9284
Start Date: March 19, 1931
Location: Logan, Ohio (39.538, -82.406)

Metadata

Model: gpt-5-mini
Short Digest: 152481c4

Response Measures

None

Description

Article states the Rempel National Bank suspended business March 19, 1931 and a receiver (Albert D. Reese) is paying dividends in June 1932. No mention of a depositor run or reopening; receiver indicates permanent closure.

Events (4)

1. November 30, 1908 Chartered

Source: historical_nic

2. November 15, 1929 Voluntary Liquidation

Source: historical_nic

3. March 19, 1931 Suspension

Cause Details: Article does not state a specific cause for the suspension in the excerpt; reason unspecified.
Newspaper Excerpt: the bank suspended business March 19, 1931.
Source: newspapers

4. June 18, 1932 Receivership

Newspaper Excerpt: a dividend of 14 per cent will be paid to depositors of the Rempel National Bank of this city beginning Monday, according to announcement today by Albert D. Reese, receiver. This is the third dividend declared since the bank suspended business March 19, 1931.
Source: newspapers

Newspaper Articles (1)

1. June 18, 1932 The Cleveland Press Cleveland, OH

Article from The Cleveland Press, June 18, 1932

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Article Text

CLOSED OHIO BANK PAYS LOGAN, O., June 18-A dividend of 14 per cent will be paid to depositors of the -Rempel National Bank of this city beginning Monday, according to announcement today by Albert D. Reese, receiver. This is the third dividend declared since the bank suspended business March 19, 1931. Death and Funeral Notices Cleveland Press. Saturday. June 18. 1932 AYERS. MILAN PARKER- 87 years. beloved father and services from 12214 Detroit Monday, 2:30