Savings Bank - Des Moines, IA

Bank Information

Episode Type: Suspension → Closure
Bank Type: savings bank
Start Date: December 8, 1930
Location: Des Moines, Iowa (41.601, -93.609)

Metadata

Model: gpt-5-mini
Short Digest: de0ed622

Response Measures

None

Description

OCR indicates a consolidation: BANKS TO CONSOLIDATE and Savings Moines National Trust... Savings bank had been close Saturday. No explicit run is mentioned. The article implies the Savings Bank in Des Moines was closed and deposits provided for as part of a consolidation/absorption, so I classify this as a suspension leading to closure. Text is fragmentary due to OCR errors.

Events (1)

1. December 8, 1930 Suspension

Cause Details: Closure appears tied to consolidation/absorption into another banking company (Des Moines National/Trust consolidation); article states Savings bank had been closed and deposits provided for as part of consolidation.
Newspaper Excerpt: BANKS TO CONSOLIDATE and Savings Moines National Trust last of latter Savings bank had been close Saturday state All deposits ...
Source: newspapers

Newspaper Articles (1)

1. December 8, 1930 New Britain Herald New Britain, CT

Article from New Britain Herald, December 8, 1930

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Article Text

LOCAL STOCKS Furnished by Putnam & Co.) BANKS TO CONCOLIDATE and Savings Moines National Trust last of latter Savings bank had been close Saturday state All deposits corporations provided for and lowa-Des Moines NaBank company. capital of undivided profits of more than COTTON CROP ESTIMATE tothe of pounds Prolast CAPONE IN BROOKLYN? Tribune published report the list Chicago Enemies" and Brooklyn to hide out with his friend Johnny Torrio. The Tribune's report said Capone accompanied by three body guards. Other reports were the gangster in Florida RABBI MARK LEADER Melbourne. Agency Jerome Mark formerly of leader of the first Liberal Australia Rabbi Mark had Australia behest the World Union for Pro gressive The Rabbi Mark named Asked Ins Automobile Boiler 54 National Phoenix Stocks Hegeman 39 Billings Coll's Arms Lock Bearing 125 Landers North Judd Bros Screw Stanley Works Torrington 45 Public tilities Stocks 105 Gas 42 46 Southern