State Savings Bank (Owosso, MI)

Episode Information

Episode UID
2625504491599
Episode Type
Suspension โ†’ Reopening
Bank Type
savings
Bank ID
262550449 hash
Start Date
March 27, 1933
Location
Owosso, Michigan (42.998, -84.177)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
b3511c99fe13700e

Response Measures

None

Description

Conservator named by state commissioner; later reopening not documented in provided articles so reopening inferred as likely but not confirmed.

Events (1)

1. March 27, 1933 Suspension
Cause
Government Action
Cause Details
Appointment of conservator by Michigan state banking commissioner following governor's advisory banking commission action; part of state-level banking interventions in late March 1933.
Newspaper Excerpt
State Savings Bank, Owosso, Kenneth Crawford.
Source
newspapers

Newspaper Articles (2)

Article from Battle Creek Moon-Journal, March 27, 1933

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Article Text

CONSERVATORS SELECTED Named For 58 State Banks In State Of Michigan. Lansing, March pointment of conservators for Michigan state banks was announcby Reichert, state banking commissioner, following today's session of the governor's advisory banking commission. In majority of cases the conservators are from the towns in which the banks which they will take over are locat- Affairs of two Flint banks were placed under the Mark Wilson, recently of Detroit, who has been identified with both state national bank activities for number of years and in whom Reichert said he has complete confidence. They are: Cheboygan State Savings Bank, Cheboygan, Fred Haut. Newberry State Bank, Newberry, John H. Paull. First State Savings Bank, Hillsdale, R. Owen. Sparta State Bank, Sparta, Carlson. People's State Savings Bank. Auburn, W. Gillman. State Savings Bank, Owosso, Kenneth Crawford. Traverse City State Bank, Traverse City, George B. Kilbourne. State Bank Whitehall, White. hall, George E. Covell. Farmers State Bank, Montague, Adolph Anderson. Hemlock State Bank, Hemlock, R. Beaver. Cedar Springs State Bank, Cedar Springs, Herbert Wheeler. Ludington State Bank, Zook. Riverdale State Savings Bank, Fred Leiter. Citizens Savings Bank, Owosso, Frank Freeman. Metamora State Savings Bank, Metamora, Fred Downer Pinconning State Bank, Pinning, Fotheringham. State Bank of Niles, Niles, Thomas Cain. Yale State Bank, Yale, Guy Beard. State Bank of Coswell, Coswell, Melvin H. Aitkin. Cass City State bank, Cass City, Auten. Bellaire State bank, Bellaire, W. H. Richards Citizens State Savings bank, New Baltimore, Pingel First State Savings bank, Bronson, Frank Coward. Clarkston State bank, Clarkston, George King. First State Bank of Mendon, Mendon, H. First Commercial Savings bank, H. Estes. Wolf Brothers State bank, Centerville, State Savings Bannister, C. Bates. State Savings Bank of Elsie. sie, First State Bank of Allegan, Allegan, Herman Vaupell. State Savings bank, Clinton, W. Van Tyle. American State bank, Frankenmuth, John Geyer. First State Savings bank, Holly, Lyons. State Savings bank, Stanton, Starks. Birch Run State bank, Birch Run. Herbert Walter. First State Bank of Kingsley, Kingsley, Carl Brown. Pinney State bank, Cass City, Pinney. State Bank of Harbor Beach, Harbor Beach. John Prieskorn. Marysville Savings bank. Marysville. John Barron. Farmers Savings bank, White Pigeon. M. Benjamin. Springport State Savings bank, Springport, Allen Crawford, Peninsula bank, Ishpeming, PetGenesee County Savings bank, Mark Wilson Union Industrial Trust and Savings bank. Flint. Mark Wilson. First State bank, South Haven, Van Farmers and Merchants State bank, Lakeview, Griffith. Big Rapids Savings bank, Big Rapids. William Taggart. Rockford State bank, Rockford, Muir. Byron Center State bank, Byron Frank Farmers State bank, Alto, Earl Colby. Peoples State bank, Milan, Laskey Farmers State bank. Breckenridge, Baldwin. Woodland State bank, Woodland. Hilbert. Eaton County Savings bank, Charlotte, Phil H. Barber.


Article from The Flint Journal, April 4, 1933

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Article Text

NEW Lansing, Appointment 12 Michigan state banks nounced state by banking commissioner, today's meeting of the governor's advisory banking They State Bank Fraser Henry Bohn Bank State ings bank, Litchfield Sherk: First State Parma. Aldrich Bloomingdale, Ellis Orion State Lake Orion, Earle; State bank, First State Savings bank, Heights, Williamston, Jackson runna State bank, Corunna, E. Sidney the same time the commission appointment of the following conservators in place previously State Savings bank, Owosso,