2774. Corning State Savings Bank (Corning, IA)

Bank Information

Episode Type
Suspension โ†’ Closure
Bank Type
savings bank
Start Date
May 19, 1914
Location
Corning, Iowa (40.990, -94.741)

Metadata

Model
gpt-5-mini
Short Digest
8151c2e5243c0e74

Response Measures

None

Description

Three contemporary clippings report that the Corning bank (in Corning, IA) closed in mid-May 1914; another nearby bank (Brooks) suspended because of its connection to the Corning bank. No run or reopening is mentioned and no receiver is explicitly named in these excerpts, so this is classified as a suspension resulting in closure (permanent) with cause unspecified in the articles.

Events (1)

1. May 19, 1914 Suspension
Cause Details
Article states the Corning bank 'closed' but gives no explanation for the Corning bank's failure; closure reported around May 19, 1914.
Newspaper Excerpt
Owing to its connection with the Corning bank, which closed, its owner thought best to suspend.
Source
newspapers

Newspaper Articles (3)

Article from The Manitowoc Pilot, May 21, 1914

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Article Text

Owner Closes an lowa Bank. Brooks, Ia., May 19.-The bank of Brooks, a state institution with deposits of $30,000, closed its doors. Owing to its connection with the Corning bank, which closed, its owner thought best to suspend.


Article from Eagle River Review, May 22, 1914

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Article Text

Owner Closes an lowa Bank. Brooks, Ia., May 19.-The bank of Brooks, a state institution with deposits of $30,000, closed its doors. Owing :0 its connection with the Corning bank, which closed. its owner thought best to suspend.


Article from Manchester Democrat, May 27, 1914

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Article Text

Owner Closes an Iowa Bank. Brooks, Ia., May 19.-The bank of Brooks, a state institution with deposits of $30,000, closed its doors. Owing to its connection with the Corning bank, which closed,-Its owner thought best to suspend.