Article (7/12/1927) states a receiver is handling the Hudson Savings Bank's collections, indicating the bank was placed in receivership (closed). No mention of a depositor run in the provided text, so classified as a suspension leading to closure/receivership.
Events (1)
1.July 12, 1927Receivership
Newspaper Excerpt
Bills receivable of the Hudson Savings bank have been reduced nearly $15 by collections and settlements of the receiver.
Source
newspapers
Newspaper Articles (1)
1.July 12, 1927The CourierWaterloo, IA
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Article Text
HUDSON BANK RECEIVER CUTS BILLS RECEIVABLE
Bills receivable of the Hudson Savings bank have been reduced nearly $15 by collections and settlements of the receiver. according to