Orangeville State Bank - Orangeville, IL

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: *
Location: Orangeville, Illinois (42.468, -89.644)

Metadata

Model: gpt-5-mini
Short Digest: d817d358

Response Measures

None

Description

Article (The Stephenson Farmer, 1933-07-06) reports the bank has been closed since the 19th of 1932 and a receiver (W. P. Cooper) is paying a portion of claims; no run is mentioned. OCR garbling in the text made the month of the 19th unclear; date of closing not explicitly given in clear month/day in the clip.

Events (2)

1. * Receivership

Newspaper Excerpt: W. P. Cooper, receiver for the Orangeville State bank will pay portion of the claims against the bank ... Depositors ... are soon to receive 10-15 cent of their claims.
Source: newspapers

2. * Suspension

Cause: Government Action
Cause Details: Bank had closed and a receiver (W. P. Cooper) was appointed; closure appears to be official/receivership-driven.
Newspaper Excerpt: the bank, since closing 19, 1932, has collected ... The receiver has at this time total of $18,404.11.
Source: newspapers

Newspaper Articles (1)

1. July 6, 1933 The Stephenson Farmer Lena, IL

Article from The Stephenson Farmer, July 6, 1933

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Article Text

ORANGEVILLE STATE BANK RECEIVER TO PAY CLAIMS Anouncement has been made that W. P. Cooper, receiver for the Orangeville State bank will pay portion of the claims against the bank in the near future. According to a report issued by Mr. Cooper the bank, since closing 19, 1932, has collected on October the disbursements The reing amounted to ceiver has at this time total of $18,404.11. Depositors, according to the announcement, are soon to receive 10 15 cent of their about to per claims.