State Bank - Cerro Gordo, IL

Bank Information

Episode Type: Suspension → Reopening
Bank Type: state
Start Date: January 29, 1932
Location: Cerro Gordo, Illinois (39.891, -88.728)

Metadata

Model: gpt-5-mini
Short Digest: ed93ac6b

Response Measures

None

Description

Article (Herald and Review, 1932-01-27) reports a mass meeting to make plans for reopening the State Bank in Cerro Gordo. The article does not describe a run or give details on when the bank suspended or why; it only shows community efforts to reopen the bank. I therefore classify this as a suspension with plans to reopen.

Events (2)

1. January 29, 1932 Other

Newspaper Excerpt: PLANS MASS MEETING Cerro Gordo- mass meeting at which plans are to be made for reopening the State bank here is planned for 7:30 p.m. Friday in the High school building.
Source: newspapers

2. * Suspension

Cause Details: Article does not state cause or date of suspension; only that community plans are being made to reopen the bank.
Newspaper Excerpt: plans are to be made for reopening the State bank here
Source: newspapers

Newspaper Articles (1)

1. January 27, 1932 Herald and Review Decatur, IL

Article from Herald and Review, January 27, 1932

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Article Text

Hog Feeding to Be Discussed in Bement Bement- and Care of Hogs" will be the subject discussed Wednesday evening in the seventh of series of ten meetings conducted by A. Hodam of the agriculture department of the High school. The meetings are being well attended. Twenty-five women were present when "Poultry" was the subject. Dr. A. Nolan and a number of students from the University of Illinois will be special guests at the meeting Wednesday night. PLANS MASS MEETING Cerro Gorco- mass meeting at which plans are to be made for reopening the State bank here is planned for 7:30 m. Friday in the High school building. Among the speakers will be W. C. Noel, of Urbana, who was instrumental in clearing up the banking situation in his home city a week ago.