State Bank - Cordova, IL

Bank Information

Episode Type: Suspension → Reopening
Bank Type: state
Start Date: March 4, 1933
Location: Cordova, Illinois (41.680, -90.319)

Metadata

Model: gpt-5-mini
Short Digest: 818b69f9ddd383fe

Response Measures

None

Description

Article (The Thomson Review, 1933-10-05) states the Cordova State Bank opened unrestricted this week after the bank holiday/closures earlier in the year. No mention of depositor runs; the closure appears to be part of the wider March 1933 banking closures and federal actions, so classify as a government-action suspension followed by reopening.

Events (2)

1. March 4, 1933 Suspension

Cause: Government Action
Cause Details: Closed as part of the nationwide bank closures / actions around March 4, 1933 (bank holiday measures and related federal actions).
Newspaper Excerpt: Welcome news ... that have been closed since March 4th.
Source: newspapers

2. October 5, 1933 Reopening

Newspaper Excerpt: The Cordova State Bank at Cordova alopened unrestricted this week.
Source: newspapers

Newspaper Articles (1)

1. October 5, 1933 The Thomson Review Thomson, IL

Article from The Thomson Review, October 5, 1933

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Article Text

Sand Burs Fos- The first frost of the season was reported Sunday evening but farmers tell us that the crops are pracitically of danger many calities the corn crop will not be of very good quality due to excessive heat August, other places where the land was lower and contained more moisture one notices that the crop stood the hot lot better. Returns in all crops this year have not been large, just fair yields, but the worst part the whole matter that the farmer does not know how much be to for wheat, etc. It all puzzle at present, but it looks like higher prices will continue. The first six months of the established by President Roosevelt over the country has been completed and in most all instances the boys in Civilian are the Conservation Camps are re-enlasting for another SIX months In some camps that there larger waiting list when the were established six months ago. The Savanna camp plans on building barracks and remaining there during the winter. Mighty fine, many say, while others wonder and try to figure where all the money coming from to all the bills pay is for afbe it individgovernment or the bills must be paid. Welcome news to in better than 300 national banks over country that have been closed since March 4th. is out this week the government is stepping in and these deposits such that depositors will receive part of their First money. National banks effected in this immediate vicinity include those at Dixon, Sterling and Savanna. The Cordova State Bank at Cordova alopened unrestricted this week. In order to make trmes better people and firms must have more credit and this probably accounts in for the government stepping in and these assisting closed national banks to reopen. This is the last month our readE will have the of opportunity visiting the World's fair at Chicago. the exposition closes this month. Hundreds of people from all villages have visited the World's Fair this summer and show has been real to railroads, Ciricago and condsgeneral. While the average person has spent around day on the exposition still grounds. there are of other expenditures in making trip. who attended the highly and within means to attend. we do to state that should you visit of shows. the of Centpry Progress which closes the last of this month. President made the Legion members when them at their Chicago convention Tuesday. Many have that the President was opposed Legion. but the chief tive the lion by the 1 them where he best all members who disabled should be with connected