19879. Sun Prairie Bank (Sun Prairie, WI)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
January 1, 1929*
Location
Sun Prairie, Wisconsin (43.184, -89.214)

Metadata

Model
gpt-5-mini
Short Digest
a961c9fdae386c8d

Response Measures

None

Description

Newspaper items (Jan 25, 1930) report the Sun Prairie Bank 'suspended business last year because of frozen assets' and describe efforts to reorganize, including judgments secured by the state commissioner of banking. No article mentions a depositor run or reopening; context indicates the bank remained suspended and in reorganization/closure proceedings.

Events (1)
1. January 1, 1929* Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank suspended due to 'frozen assets' (asset problems leading to suspension of business). Commissioner sought judgments as part of reorganization actions in Jan 1930 against officers/individuals connected to the bank's affairs. No runs reported in the articles provided.
Newspaper Excerpt
the Sun Prairie bank, which suspended business last year because of frozen assets
Source
newspapers

Newspaper Articles (2)
1. January 25, 1930 The Capital Times Madison, WI
Article from The Capital Times, January 25, 1930

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Article Text

Judgments Prairie Bank Deal Sun of the effort to reorganize As part the Sun Prairie bank, which suspendbusiness last year because of frozen assets, Schwenker, state comtoday secured missioner of banking, judgments in Dane county circuit and Carl Reinen and court against Sam for amounts totaling $5,018.60.

2. January 25, 1930 The Capital Times Madison, WI
Article from The Capital Times, January 25, 1930

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Article Text

Sun Prairie Bank Deal As part of the effort to reorganize the Sun Prairie bank, which suspended business last year because of frozen assets, Schwenker, state commissioner of banking, today secured judgments Dane county circuit court against Sam and Carl Reinen and Lohneis for amounts totaling