Bank of Mondovi - Mondovi, WI

Bank Information

Episode Type: Run → Suspension → Closure
Bank Type: state
Start Date: September 1, 1931*
Location: Mondovi, Wisconsin (44.568, -91.671)

Metadata

Model: gpt-5-mini
Short Digest: 054f083f

Response Measures

Full suspension

Other: OCR of article is poor; interpreted headline indicating run in September caused National Bank of Mondovi to close in early October 1931.

Description

OCR is poor but article (Oct 3, 1931) states the Bank of Mondovi was closed after a run in September. No mention of reopening; closure appears permanent in this brief report. Cause of run not specified in the text beyond heavy withdrawals, so coded as other.

Events (2)

1. September 1, 1931* Run

Cause Details: Heavy withdrawals in September precipitated a run; article gives no specific trigger (rumor, correspondent failure, or bank-specific scandal not specified).
Newspaper Excerpt: CLOSED BY A RUN DURING SEPTEMBER ... closed today result heavy $45,531.91
Source: newspapers

2. October 3, 1931 Suspension

Cause Details: Bank was closed following heavy withdrawals (the run) in September; article states it closed today as a result of the run. No government receiver or reopening mentioned in the excerpt.
Newspaper Excerpt: BANK OF MONDOVI ... closed today result heavy $45,531.91
Source: newspapers

Newspaper Articles (1)

1. October 3, 1931 The Oshkosh Northwestern Oshkosh, WI

Article from The Oshkosh Northwestern, October 3, 1931

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Article Text

BANK OF MONDOVI BUILDING PERMITS CLOSED BY A RUN DURING SEPTEMBER National bank Mondovi talized closed today result heavy $45,531.91 started two Eau Claire Records of City Inspector Oleson Show Many Are Installing Heating Plants Homes prepared morning by building the the month homes reported during plumbing 358 equipment The permits garages, heatplants porch only business buildpermit issued the Texaco Oil company for filling 1603 Oregon street, Houses being William Kopp Evans street 1023 Lark street John street Walter Ruedinger 1816 Iowa street