Leland Bank - Leland, IL

Episode Information

Episode UID: 4659543391592
Episode Type: Suspension → Closure
Bank Type: private
Bank ID: 465954339 hash
Start Date: August 20, 1932
Location: Leland, Illinois (41.613, -88.800)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 65d7d890df398dd3

Response Measures

None

Description

Article states the bank has closed but gives no detail on receivership or reopening; additional articles could confirm permanent failure.

Events (1)

1. August 20, 1932 Suspension

Cause Details: Article gives no cause for the closure or suspension.
Newspaper Excerpt: Since data for the report was compiled, the Leland bank has closed, tying up an additional $14,000 in school money.
Source: newspapers

Newspaper Articles (1)

1. August 20, 1932 The True Republican Sycamore, IL

Article Text

The first $3,000,000 allotted Illinois by federal authorities, in response to Governor Louis L. Emmerson's appeal for unemployment relief, will be administered by the existing relief commission, with the aid of three added members. In accordance with the governor's policy, all able-bodied men who seek financial aid will be called upon to work at the wage scale that prevails in his community. Find $274,955 In LaSalle School Funds Tied Down A report compiled by W. R. Foster, LaSalle county superintendent of schools, shows that July 1, a total of $274,955 in school funds was tied up in LaSalle county closed banks. Since data for the report was compiled, the Leland bank has closed, tying up an additional $14,000 in school money.