Security Savings Bank - Marshalltown, IA

Bank Information

Episode Type: Suspension → Reopening
Bank Type: savings bank
Start Date: September 1, 1933
Location: Marshalltown, Iowa (42.049, -92.908)

Metadata

Model: gpt-5-mini
Short Digest: f875439e

Response Measures

None

Description

Article (Des Moines Tribune, 1933-09-01) states that the Security Savings Bank of Marshalltown was released from Senate File 111 restrictions and will operate under depositors' agreements. This implies the bank had been under suspension/restrictions by state action and was allowed to resume operations. No mention of a depositor run in the articles provided.

Events (2)

1. September 1, 1933 Reopening

Newspaper Excerpt: D. W. Bates, state banking superintendent, Friday released ... the Security Savings bank of Marshalltown, Ia., from Senate File 111 restrictions. Both banks now will operate under depositors agreements.
Source: newspapers

2. * Suspension

Cause: Government Action
Cause Details: Placed under restrictions by state authorities under Senate File 111 prior to release; suspension/operational restrictions imposed by state banking superintendent/state action.
Newspaper Excerpt: released ... from Senate File 111 restrictions
Source: newspapers

Newspaper Articles (1)

1. September 1, 1933 Des Moines Tribune Des Moines, IA

Article from Des Moines Tribune, September 1, 1933

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Article Text

Farley, Marshalltown Bank Limits Lifted D. W. Bates, state banking superintendent, Friday released the Farley State bank of Farley, Ia., and the Security Savings bank of Marshalltown, Ia., from Senate File 111 restrictions. Both banks now will operate under depositors agreements.