Wiota Savings Bank

Bank Information

Episode Type: Run → Suspension → Closure
Bank Type: savings bank
Start Date: April 1, 1924*
Location: Wiota, Iowa (41.400, -94.887)

Metadata

Model: gpt-5-mini
Short Digest: 8b132163

Response Measures

Full suspension

Description

Article (Omaha Bee, 1924-04-16) reports a quiet run in progress for several days and that the Wiota Savings Bank failed to open April 15, 1924. No reopening or receivership is mentioned; classification assumes the suspension led to permanent closure given the phrasing and lack of later reopening information. 'Savings' bank assumed state-chartered.

Events (2)

1. April 1, 1924* Run

Cause Details: Article only describes a quiet run in progress for several days; no specific trigger given.
Newspaper Excerpt: A quiet run on the institution, in progress several days, is said to be responsible.
Source: newspapers

2. April 15, 1924 Suspension

Cause Details: Bank failed to open on April 15 after a quiet run; article attributes the run as responsible but gives no specific triggering cause.
Newspaper Excerpt: The Wiota Savings bank failed to open today.
Source: newspapers

Newspaper Articles (1)

1. April 16, 1924 The Omaha Morning Bee Omaha, NE

Article from The Omaha Morning Bee, April 16, 1924

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Article Text

Iowa Bank Closes. Wiota, In., April 15.-The Wiota Savings bank failed to open today. A quiet run on the institution, in progress several days, is said to be responsible. The bank was capitalized at $20,000. Fl. M. Blakesley was president and Charles Sherrett, cashler.