3252. Corning State Savings Bank (Corning, IA)

Bank Information

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

Metadata

Model
gpt-5-mini
Short Digest
625849e7

Response Measures

None

Description

Contemporaneous short notices (May 1914) report that the Corning bank closed, and that the Brooks bank suspended because of its connection with the Corning bank. No run is described in the excerpts; the Corning bank appears to have suspended/closed permanently.

Events (1)

1. May 19, 1914 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Corning bank closed for reasons not detailed in these notices; closure prompted nearby Brooks bank to suspend because of their connection.
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

Click image to open full size in new tab

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

Click image to open full size in new tab

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

Click image to open full size in new tab

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.