Citizens State Bank - Champaign, IL

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: *
Location: Champaign, Illinois (40.116, -88.243)

Metadata

Model: gpt-5-mini
Short Digest: b0fa3b12

Response Measures

None

Description

The sole article fragment states that First National Bank of Monticello succeeded the 'defunct Citizens' bank Champaign' as trustee. There is no explicit description of a run or suspension in the provided text, but 'defunct' indicates the bank closed permanently; classification chosen as suspension_closure (closed permanently). Evidence is limited to this single OCR'd snippet.

Events (1)

1. * Other

Newspaper Excerpt: the First National bank of Monticello has been trustee as successor to the defunct Citizens' bank Champaign
Source: newspapers

Newspaper Articles (1)

1. May 21, 1934 The Urbana Courier Urbana, IL

Article from The Urbana Courier, May 21, 1934

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Article Text

in circuit court today by J.R. Drake, receiver the First National Bank of Monticello, against Albert R. Grindley. The trusteeship is one executed by Elizabeth S. Dyer for perpetual care of Fisher cemetery in Hensley township. The First National bank of Monticello has been trustee as successor to the defunct Citizens' bank Champaign