Le Claire Savings Bank - Le Claire, IA

Bank Information

Episode Type: Suspension → Closure
Bank Type: savings bank
Start Date: July 27, 1934
Location: Le Claire, Iowa (41.599, -90.343)

Metadata

Model: gpt-5-mini
Short Digest: 8c919e2f

Response Measures

None

Description

Article (Quad-City Times, 1934-07-27) reports the Le Claire Savings Bank is in receivership and includes the receiver's periodic report. No mention of a prior depositor run in this article; evidence is of receivership/closure. I infer state-chartered savings bank from the name 'Savings Bank.'

Events (1)

1. July 27, 1934 Receivership

Newspaper Excerpt: LE CLAIRE BANK RECEIVER FILES REGULAR REPORT ... report of D. W. Bates, receiver for the LeClaire Savings bank, filed in Scott county district court ... since the bank entered receivership totals $9,709.47.
Source: newspapers

Newspaper Articles (1)

1. July 27, 1934 Quad-City Times Davenport, IA

Article from Quad-City Times, July 27, 1934

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Article Text

LE CLAIRE BANK RECEIVER FILES REGULAR REPORT Receipts of 2,093.23 for the three months' period ending June 30 are shown in the 14th report of D. W. Bates, receiver for the LeClaire Savings bank, filed in Scott county district court and approved by Judge W. R. Maines. Disbursements for the period, according to the report, were $481.34, which included receivership expenses of $443.43. The receivership report since the bank entered receivership totals $9,709.47. The cash balance March 31 of $7,962.20 was increased to $9,574.09 during the succeeding three months.