Logan Trust & Savings Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: savings bank
Start Date: November 8, 1931
Location: Logan, Iowa (41.643, -95.789)

Metadata

Model: gpt-5-mini
Short Digest: 0c8460de

Response Measures

None

Description

Article (Nov 8, 1931) refers to the Logan Trust & Savings Bank as 'closed' and names the state superintendent of banking as receiver who applied to sell the bank's property. No run is mentioned; bank is in receivership (closure).

Events (2)

1. November 8, 1931 Receivership

Newspaper Excerpt: Andrew, state superintendent banking, receiver the closed Logan Trust and Savings bank, made application the district court permission to dispose the bank property ... Judge Cook has named Nov. date upon which application will be heard in district court.
Source: newspapers

2. * Suspension

Cause: Government Action
Cause Details: State superintendent of banking appointed receiver and bank is closed; closure appears to be by regulatory action.
Newspaper Excerpt: the closed Logan Trust and Savings bank
Source: newspapers

Newspaper Articles (1)

1. November 8, 1931 The Daily Nonpareil Council Bluffs, IA

Article from The Daily Nonpareil, November 8, 1931

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Article Text

HEARING ON APPLICATION IS SET FOR NOVEMBER 10. STRUCTURE IS TENANTED LOGAN, Ia., Andrew, state superintendent banking, receiver the closed Logan Trust and Savings bank, made application the district court permission to dispose the bank property public tion, and Judge Cook has named Nov. date upon which application will be heard in district court. The building contains approximately 2,600 square feet, stories high and fully tenanted and considered quite valuable enue producer. The book valuation of $11,000 on the property.