Union State Bank - Muskogee, OK

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: February 3, 1920
Location: Muskogee, Oklahoma (35.748, -95.370)

Metadata

Model: gpt-5-mini
Short Digest: c975d3f2

Response Measures

None

Description

Article (Guthrie Daily Leader, 1920-02-04) states the Union State Bank was taken over by the bank examiner, indicating regulatory takeover/closure. No mention of depositor runs. Classified as suspension leading to closure/receivership (government action).

Events (2)

1. February 3, 1920 Receivership

Newspaper Excerpt: the Union State Bank, which was taken over by the bank examiner.
Source: newspapers

2. February 3, 1920 Suspension

Cause: Government Action
Cause Details: Bank examiner took over the Union State Bank (regulatory takeover/closure).
Newspaper Excerpt: the Union State Bank, which was taken over by the bank examiner.
Source: newspapers

Newspaper Articles (1)

1. February 4, 1920 The Guthrie Daily Leader Guthrie, OK

Article from The Guthrie Daily Leader, February 4, 1920

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Article Text

CHURCH PROTESTS THE PAYING OF A NOTE Muskogee, Feb. 3-The statute 0 limitations was pleaded as a defense to an action to collect a note from the First Christian church, in an answer Tiled in superior court by the church The sult was brought in 1917 by J D Langford, state bank commissioner to collect a note for $150 held by the Union State Bank, which was taken over by the bank examiner. The note is signed "First Christian church, per D H Zink." The answer of the church declares Zink was not authorized to sign the church's name to the note, and the church is not liable the statute of limitations has run and the note is now outlawed