First National Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 10501
Charter Number: 10501
Start Date: March 18, 1928
Location: Galva, Iowa (42.507, -95.417)

Metadata

Model: gpt-5-mini
Short Digest: ae3a3ed4

Response Measures

None

Receivership Details

Depositor recovery rate: 98.5%
Date receivership started: 1928-03-06
Date receivership terminated: 1929-03-18
OCC cause of failure: Losses

Description

OCR of the article is truncated. The article headline/line reads 'Galva Bank Receiver Named' and states a receiver was named for the First (National) Bank, Galva. No run is mentioned in the available text; a receiver appointment indicates the bank was closed/permanently taken over. Date taken from newspaper publication (1928-03-18).

Events (3)

1. March 27, 1914 Chartered

Source: historical_nic

2. March 6, 1928 Receivership

Source: historical_nic

3. March 18, 1928 Receivership

Newspaper Excerpt: Galva Bank Receiver Named ... has been receiver of the First bank. Galva.
Source: newspapers

Newspaper Articles (1)

1. March 18, 1928 The Sioux City Journal Sioux City, IA

Article from The Sioux City Journal, March 18, 1928

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Article Text

IOWAN PERISHED IN FLOOD CAUSED BY BREAKING DAM Fort Dodge, March The body of Robert Kadarabek, Fort Dodge, since Tuesday the St. dam disaster, found and positively identified by Mrs. Stella McCauley, of Los Angeles, friend of the Kadarabek family his notified today. Kadarabek worked for the Southern California Edison company and lived in near the dam. The body will be returned here for burial. FARMER AIDS WITH WASHING: NEARLY LOSES HIS LIFE Cleghorn, Ia., March Special: Albert Kinzel, farmer living south of Cleghorn, was with gas and narrowly death. Mr. Kinzel was assisting with the week's and while at work suddenly was by gas funt from the exhaust pipe. His wife found him unconsclous and worked with her husband for some time before he regained Kinzel suffering intensely with pain in his Jungs as a result of the experience. WHITING CONSISTORY CLUB HOLDS ITS YEARLY REUNION Ia., March Monona consistory club held its annual spring reunion last night. About 100 members of the club attended. J. E. McNamara paid a tribute to the of M. Cassiday, Crew and T. B. Lutz. members of the club, who died during the past year. made by O. HoPrichard, W. B. Whitberg. ing and Henry Shull. MORE THAN HALF IOWA FARMERS HAVE TELEPHONES Des Moines, March Slightly more than half the Iowa farms or about one for each eight persons Iiving on farms, while city and town people have one telephone for each four persons, statistics in the Iowa department of agriculture show. It that Iowa leads other states in telephones on farms. Will Vote On Franchise. Emmetsburg. Ia., March will vote on the question next of granting franchise to the Municipal Utilities comDes Moines. If the franchise granted, the company will build complete electric light and power plant system. No will be voted but the plant will be paid for out of and then the of the city and it is estimated that It will require eight years to do this. Emmetsburg now is served by Iowa Public Service company. Resigns County Office. Carroll, Ia., March J. J. Kempker, Carroll, deputy county treasurer Carroll county for 10 years former county recorder and county has resigned his position account of ill health, and he and Mrs. Kempker will move to Fort Dodge, they will live with Joseph Mr. will return to Carroll in April to assist County Treasurer T. J. Ryan with spring reports. Files Large Mortgages. Logan, la., March Harrison County Recorder Faith has received three mortgages for record that into big figures. They were placed on record in with the recent reorganization of the Chicago and Milwaukee railroad, and total The Milwaukee has only about seven miles of road across the southeastern part of the county, but the mortgages have to be filed in every county touches. Galva Bank Receiver Named, of the First and the First tional bank, Alta. has been receiver of the First bank. Galva. This last named trust is cre-