3179. Burlington Savings Bank (Burlington, IA)

Bank Information

Episode Type
Suspension → Reopening
Bank Type
savings bank
Start Date
January 12, 1933
Location
Burlington, Iowa (40.808, -91.113)

Metadata

Model
gpt-5-mini
Short Digest
131e3099

Response Measures

None

Description

Two articles (Jan 12 and Jan 23, 1933) report Burlington Savings Bank closed on a mayor-declared holiday as a protective measure to protect deposits. No run is mentioned. Reopening is not explicitly reported in the clipped texts, but the closure is described as a holiday/protective measure, implying a temporary suspension.

Events (1)

1. January 12, 1933 Suspension
Cause
Government Action
Cause Details
Mayor Thomas J. Smith proclaimed a 'holiday' (protective closure) for banks to protect deposits
Newspaper Excerpt
The Burlington Savings bank and the West Savings bank were closed as protective measure protect deposits
Source
newspapers

Newspaper Articles (2)

Article from The Oelwein Daily Register, January 12, 1933

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Article Text

Bank Closes At Burlington bank here and another Burlington were closed tounder holiday declared by Mayor Thomas Smith Only Burlington bank Merchants bank. The Burlington Savings bank and the West Savings bank wore closed as protective measure protect deposits, folthe closing week banks at Sperry and Mediapolis, Joining with the two local banks the Danville, State Savings bank. Half of Stars Time There in the entire celestial sphere six and seven thoustars that are distinctly to without telescope. Since only the celestial sphere any one time only this total number any and


Article from Iowa City Press-Citizen, January 23, 1933

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Article Text

? Burlington Banks Adopt Holiday Plan BURLINGTON (AP) The Burlington Savings bank and the Farmers and Merchants banks were on holidays here Monday after proclamation by Mayor Thomas J. Smith.