Merchants State Bank - Correctionville, IA

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: June 21, 1933
Location: Correctionville, Iowa (42.475, -95.786)

Metadata

Model: gpt-5-mini
Short Digest: 79ab299c

Response Measures

None

Description

Article (Sioux City Journal, 1933-06-21) reports the receivership seeking authority to sell the Merchants State Bank building in Correctionville. No mention of a prior depositor run in the provided text; the bank is in receivership and proceeding toward closure/asset sale.

Events (1)

1. June 21, 1933 Receivership

Newspaper Excerpt: Sale of the Merchants State Bank building in Correctionville is being sought by the receivership of the bank. Hearing on the motion to sell the building and the real and property connected with it will be held by Judge A. O. Wakefield. July 6.
Source: newspapers

Newspaper Articles (1)

1. June 21, 1933 The Sioux City Journal Sioux City, IA

Article from The Sioux City Journal, June 21, 1933

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Article Text

Bank Receiver Seeks Authority to Sell Building Sale of the Merchants State Bank building in Correctionville is being sought district court by the receivership of the bank. Hearing on the motion to sell the building and the real and property connected with it will be held by Judge A. O. Wakefield. July 6.