3891. Woodbine Savings Bank (Woodbine, IA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
savings bank
Start Date
November 21, 1931
Location
Woodbine, Iowa (41.738, -95.703)

Metadata

Model
gpt-5-mini
Short Digest
bc83bd02

Response Measures

None

Description

Two newspaper clippings (same date 1931-11-21) report the Woodbine Savings Bank closed/closed today. No mention of a depositor run, reopening, or receiver in these excerpts. OCR had minor errors (fragmented lines); corrected wording in notes. Classified as a suspension leading to closure since the bank is described as closed with no reopening reported.

Events (1)
1. November 21, 1931 Suspension
Cause Details
Article simply states the bank closed; no cause (run, government action, or insolvency details) is given in the excerpt.
Newspaper Excerpt
Doors the Woodbine Savings bank closed today. capital stock $25,000 and deposits Powley president and Hunt cashier.
Source
newspapers

Newspaper Articles (2)
1. November 21, 1931 The Muscatine Journal Muscatine, IA
Article from The Muscatine Journal, November 21, 1931

Click image to open full size in new tab

Article Text

Iowa Relief Work Commended Highly Moines Iowa Des Indiana the leadand among organization of states the in the opinof Haynes, district ion supervisor President Hoover's unemployment views expressed talk with State Labor missioner Urick following conference this week at Ames, Urick The labor who the state committee, advised that Jefferson county its Mayor HarCarter of Fairfield counties the state have relief membership Urick Iowa Banks Closed. Commercial State bank here closed yesterday. capital stock deposits Fouts president and McGill cashier. the Woodbine bank closed capital stock $25,000 and deposits Fred president and Hunt cashier.

2. November 21, 1931 The Muscatine Journal Muscatine, IA
Article from The Muscatine Journal, November 21, 1931

Click image to open full size in new tab

Article Text

Iowa Relief Work Commended Des Moines Iowa Indiana among the leadthe organization of relief, the opinRowland Haynes, district ion supervisor President Hoover's committee. Haynes' views were expressed in talk with State Labor Commissioner Urick following conference this week at Ames, Urick The labor commissioner, who secretary the state advised that Jefferson county completed organization its headed by Mayor HarCarter Fairfield counties state have relief committees total membership of 1,215, Urick said. Iowa Banks Closed. Independence, Commercial State bank here closed yesterday. It had capital stock deposits Fouts is president and McGill cashier. (AP) Doors the Woodbine Savings bank closed today. capital stock $25,000 and deposits Powley president and Hunt cashier.