22649. Citizens State Bank (Kiel, WI)

Bank Information

Episode Type
Suspension → Reopening
Bank Type
state
Start Date
January 31, 1933
Location
Kiel, Wisconsin (43.912, -88.036)

Metadata

Model
gpt-5-mini
Short Digest
906d74cf

Response Measures

None

Description

Newspapers (published 1933-01-31) report a business holiday declared for two Kiel banks, including Citizens State Bank of Kiel, by the Wisconsin state banking department. No run or permanent closure is mentioned; the term business holiday implies a temporary suspension. Duration and eventual reopening are not reported in these clippings, so reopening is inferred as the most likely outcome but not directly confirmed.

Events (1)
1. January 31, 1933 Suspension
Cause
Government Action
Cause Details
State banking department declared a business holiday (temporary suspension) for the bank; action by banking authorities reported in newspaper on 1933-01-31.
Newspaper Excerpt
A business holiday has been declared by the two State Banks at Kiel, Wis., the state banking department said today. The banks are the State Bank of Kiel and the Citizens State Bank of Kiel.
Source
newspapers

Newspaper Articles (2)
1. January 31, 1933 Two Rivers Reporter Two Rivers, WI
Article from Two Rivers Reporter, January 31, 1933

Click image to open full size in new tab

Article Text

Griebling Removed To State Hospital MANITOWOC. (Special) Harvey Griebling, 56, southside man, who twice attempted to take his own life, was removed to the Northern hospital Oshkosh for observation. He was taken to the institution Monday night after he had recovered sufficiently at the hospital Care and treatment at the Oshkosh hospital is expected to restore Griebling to normal in few weeks. MADISON, Wis., (AP) Business holiday has been declared by the two State Banks at Kiel, Wis., the state banking department said today. The banks are the State Bank of Kiel and the Citizens State Bank of Kiel. The banking department said its records did not show how holiday period

2. January 31, 1933 The Oshkosh Northwestern Oshkosh, WI
Article from The Oshkosh Northwestern, January 31, 1933

Click image to open full size in new tab

Article Text

SAYS ALLOTMENT PLAN WOULD MAKE PRICES OF FOOD PRODUCTS HIGHER G Vosburgh D. that the plan would place and pork high in the nation's for the consumer reach before today miller and livestock The agriculture committee Fred Lingham of Lockport N Y representing the miller's national federation that the would turn of the of Will Topeka of to that the bill would pork would he yet hog favored the allotment Are with big meat McNary Oregon Absolutely not The packers opposed the terday The feature of the bill would of of our The bill taxing the processor of selected farm price on his consumed output provided he production 20 A new addition farm plans made day by Senator Shipstead Farmerfor the refinancing of the entire farm which he estimated at more than 000.000. Under the plan the government would take over all farm giving the holder in turn federal bonds in years but callable after 30 years The government would grant the farmer moratorium payment and the debt would be amortized by small principal and interest payments over 46-year BANK HOLIDAY AT KIEL IS DECLARED Madison A business holiday has been declared by the two banks Kiel. Wis the state banking department said today The bank the State bank of kiel, and the Citize State bank of Kiel The banking department said its records did not show how long the holiday period will be BANK CLOSES Merrill, Wis. The Citizens National bank suspended business today for day period. Harry Heineman president that the board of voted to take of holiday proclaimed by Mayor W H. Aubuchon The lamation stated that taken to protect depositors institution The Lincoln County bank remained open for usual did the American State bank which operating under CLOSED BY STATE Milwaukee The bank department today closed Hopkins Street State neighborhood institution Roland Teske director pressed belief that every depositor will be paid in full. Schaefer of the Wisconsin banking depart ment termed the closing more of liquidation than suspension. Heavy withdrawals Schaefer said reduced deposits from $660,000 June, 1931, to about $96,000 and of ficials said that with such small sum it longer possible to operate profitably Have You Tried Our Want Ads?