Whittemore State Bank - Whittemore, IA

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: November 1, 1930*
Location: Whittemore, Iowa (43.062, -94.427)

Metadata

Model: gpt-5-mini
Short Digest: 036b1f3d

Response Measures

None

Description

The brief article (Algona Upper Des Moines, 1930-12-17) reports the sale of assets of the Whittemore State Bank (assets sold in November). No mention of a depositor run is present in the text; the sale of assets indicates the bank closed and its assets were being liquidated/handled by a receiver or similar. Date of asset sale is cited as November 1930 in the fragment.

Events (2)

1. November 1, 1930* Other

Newspaper Excerpt: In the sale of the assets of the Whittemore State Bank which sold November ... the sale of $2,350.
Source: newspapers

2. November 1, 1930* Receivership

Newspaper Excerpt: In the sale of the assets of the Whittemore State Bank which sold November
Source: newspapers

Newspaper Articles (1)

1. December 17, 1930 The Algona Upper Des Moines Algona, IA

Article from The Algona Upper Des Moines, December 17, 1930

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Article Text

Palo Alto Half Section Sold for $2350. In the sale of the assets of the Whittemore State Bank which sold November farm Palo county sold to Knowles for the of $2,350. The site was made subject to of $30,000. of the farm to be given March The farm south half of section two, 95, north of