Anthon State Bank - Anthon, IA

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 1, 1930*
Location: Anthon, Iowa (42.388, -95.867)

Metadata

Model: gpt-5-mini
Short Digest: e3d2634b

Response Measures

None

Description

Article (1933-04-02) reports the Anthon State Bank closed three years ago and is paying a dividend authorized by the examiner in charge and district court. No run is described; the bank was closed and in receivership and is making dividend distributions to depositors.

Events (2)

1. January 1, 1930* Suspension

Cause Details: Article does not specify the cause of the closure/suspension; only notes the bank closed three years prior to 1933.
Newspaper Excerpt: Anthon State bank, which closed three years ago
Source: newspapers

2. April 2, 1933 Receivership

Newspaper Excerpt: Payment of 10 per cent dividend by the Anthon State bank, which closed three years ago, was authorized in district court here Saturday. The dividend payment authorization was granted on request of Harry McGrew, the examiner in charge.
Source: newspapers

Newspaper Articles (1)

1. April 2, 1933 The Sioux City Journal Sioux City, IA

Article from The Sioux City Journal, April 2, 1933

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Article Text

CLOSED BANK TO PAY DIVIDEND Anthon Institution Depositors to Receive 10 Per Cent Payment of 10 per cent dividend by the Anthon State bank, which closed three years ago, was authorized in district court here Saturday. The dividend payment authorization was granted on request of Harry McGrew, the examiner in charge. The amount of the payment is $17,663. Three other dividend payments. the first of 20 per cent. the second of 10 per cent and the third of 5 per cent, already have been made. This last payment brings the total 80 far to 45 per cent. The bank had a list of 460 depositors.