Iowa Trust & Savings Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: trust
Start Date: July 8, 1932
Location: Dubuque, Iowa (42.501, -90.665)

Metadata

Model: gpt-5-mini
Short Digest: 175c34fe0568c645

Response Measures

None

Description

AP dispatch (Oregonian, 1932-07-09) reports the Iowa Trust and Savings Bank in Dubuque failed to open its doors for business today. The article indicates a suspension on July 8, 1932 but gives no information about a run, reopening, receivership, or regulator action. Because the article reports an immediate suspension and no reopening or future status is given, I classify as suspension_closure while noting the permanent closure/receivership is not explicitly stated in the text.

Events (1)

1. July 8, 1932 Suspension

Cause Details: Article only states the bank failed to open its doors for business; no cause (regulatory action, insolvency, or run) is specified.
Newspaper Excerpt: DUBUQUE Ia., July 8.-(AP)-The Iowa Trust and Savings bank failed to open its doors for business today.
Source: newspapers

Newspaper Articles (1)

1. July 9, 1932 The Oregonian Portland, OR

Article from The Oregonian, July 9, 1932

Click image to open full size in new tab

Article Text

Dubuque Bank Suspended. DUBUQUE Ia., July 8.-(AP)-The Iowa Trust and Savings bank failed to open its doors for business today The institution deposits of $1, 310,000 according to its statement Bank Clearings. Balances. Portland Seattle Spokane 1,042,432.00 Tacoma *1,689,000.00 Goldendale Banker Here. A. C. Keefhaver, president of the Pioneer State bank of Goldendale, Wash., Portland visitor yesterday while on a brief vacation.