Beaver Valley Savings Bank - Parkersburg, IA

Bank Information

Episode Type: Suspension → Closure
Bank Type: savings bank
Start Date: *
Location: Parkersburg, Iowa (42.577, -92.787)

Metadata

Model: gpt-5-mini
Short Digest: 2cf04c7d

Response Measures

None

Description

Article (1933-07-27) reports a special receiver has been in charge of Beaver Valley Savings Bank for the last two years and remains a receiver (implying the bank was suspended/closed and in receivership). No run is mentioned. Exact date of suspension not provided.

Events (1)

1. * Receivership

Newspaper Excerpt: Special receiver in charge of Beaver Valley Savings bank for the last two years, has accepted with Northwestern Mutual Life Insurance company.
Source: newspapers

Newspaper Articles (1)

1. July 27, 1933 The Courier Waterloo, IA

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Article Text

Parkersburg Bank Receiver to Join Insurance Company Special receiver in charge of Beaver Valley Savings bank for the last two years, has accepted with Northwestern Mutual Life Insurance company. His headquarters will be Milwaukee and he will take up his new work Aug. He will be in the farm loan department.