Article Text
MANCHESTER BANK'S RECEIVER ANNOUNCES 20 PCT. DIVIDEND
Manchester Ia tional bank Rigler dividend distribution
First National Bank (Manchester, IA)
Episode Information
- Episode Type
- Suspension → Closure
- Start Date
- February 13, 1929
- Location
- Manchester, Iowa (42.484, -91.455)
- Bank Type
- national
- Charter Number
- 4221
Metadata
Receivership Details
- Depositor recovery rate
- 80.9%
- Date receivership started
- 1929-02-13
- Date receivership terminated
- 1936-04-15
- OCC cause of failure
- Governance
- Share of assets assessed as good
- 43.8%
- Share of assets assessed as doubtful
- 43.8%
- Share of assets assessed as worthless
- 12.4%
Events (4)
1.
January 28, 1890
Chartered
- Source
- historical_nic
2.
February 13, 1929
Suspension
- Cause Details
- The bank was placed in receivership on February 13, 1929.
- Newspaper Excerpt
- MANCHESTER BANK'S RECEIVER ANNOUNCES 20 PCT. DIVIDEND
- Source
- newspapers
3.
February 13, 1929
Receivership
- Newspaper Excerpt
- MANCHESTER BANK'S RECEIVER ANNOUNCES 20 PCT. DIVIDEND
- Source
- newspapers
4.
February 13, 1929
Receivership
- Source
- historical_nic
Newspaper Articles (1)
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