22877. Oneida National Bank (Rhinelander, WI)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
11646
Charter Number
11646
Start Date
October 21, 1931
Location
Rhinelander, Wisconsin (45.637, -89.412)

Metadata

Model
gpt-5-mini
Short Digest
f1f1f832

Response Measures

None

Description

Newspaper items (both dated Oct 21, 1931) state the Oneida National Bank at Rhinelander suspended its deposits and was taken over by the Merchants (Merchants/Merchants) State Bank. No mention of a depositor run; the bank was closed and taken over, consistent with suspension followed by permanent closure/takeover.

Events (3)

1. March 19, 1920 Chartered
Source
historical_nic
2. October 21, 1931 Suspension
Cause Details
Article gives no reason for suspension; reports suspension of deposits and immediate takeover by Merchants State Bank.
Newspaper Excerpt
Oneida National Bank at Rhinelander Suspends its deposits taken over chants State bank. the Oneida National bank suspended business ... the closing leaves Rhinelander with the Merchants State bank the First National.
Source
newspapers
3. March 14, 1932 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (2)

Article from Beaver Dam Daily Citizen, October 21, 1931

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Article Text

FEDERAL COURT TERM OPENS OCT. 28 fall term federal district court will open Milwaukee Oct. with Judge Geiger hearing padlock actions growing out of liquor law violations. Arraignments will begin Nov. and 241 involving defendants will be brought before the court. Of the 241 criminal will result from informations filed by the district attorney and 102 from indictments returned by the Fedgrand jury. Nearly cases involve violations the prohibition laws. series liquor raids southern Wisconsin during the late summer helped to swell the number defendants. SUSPEND BUSINESS its taken over the Merchdeposits ants State Bank, the Oneida National The Oneida bank was established in 1920 capital $100,000 and surplus of Abendroth president, Omelia, and Salle, cashier. The closing leaves Rhinelander with only the Merchand the First Naants State Bank tional. Uses Languages Victoria recited poetry EngLatin, Greek, French, German, Italian and pidgin Chinese at children's service at First Congregational Church. FARMER KILLED Thor, Carlton killed today farmer, accident the an Highways 163 and His wife and other the were uninjured. Until more light thrown on Africa, diamond fields there antedated by of Inwhich there Chinese recdia, extending back the first The Chinese called tury. the name Greeks and Adamas, were written Pliny. Every time train from the burbs Paris late officials the time and the exact time explain their tardiness to employers. Eimer Gehi of Stone Bank. business in the city Tuesday.


Article from Wisconsin State Journal, October 21, 1931

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Article Text

Oneida National Bank at Rhinelander Suspends its deposits taken over chants State bank. the Oneida National bank suspended business Oneida bank was tablished in 1920 with capital surplus Abendroth president. Omelia, and Salle, cashier. The closing leaves Rhinelander with the Merchants State bank the First National.