5362. Citizens State Bank (Noblesville, IN)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
January 1, 1933*
Location
Noblesville, Indiana (40.046, -86.009)

Metadata

Model
gpt-5-mini
Short Digest
34d3b74c79ab8c6f

Response Measures

None

Description

Articles report the Citizens State Bank of Noblesville as defunct and in receivership; it closed about three years before April 1936 (≈1933). Multiple dividends were paid by the receiver in 1935 and 1936. No article describes a depositor run prior to suspension or any reopening — the bank remains closed with a receiver and dividend distributions.

Events (3)
1. January 1, 1933* Suspension
Cause Details
Article only states the bank 'closed three years ago' and is 'defunct' and in receivership; no cause for suspension provided in the articles.
Newspaper Excerpt
This the third dividend paid, making a total of 30 per cent since the institution closed three years ago.
Source
newspapers
2. December 9, 1935 Receivership
Newspaper Excerpt
NOBLESVILLE, Ind., Dec. 9.-An early Christmas gift of $36,000 is being distributed today among depositors of the Citizens State Bank, now in receivership. A similar 10 per cent dividend was paid in September.
Source
newspapers
3. April 11, 1936 Receivership
Newspaper Excerpt
NOBLESVILLE, April 11.-Depositors of the defunct Citizens State Bank today were to receive 10 per cent dividends representing $48,500. This / the third dividend paid, making a total of 30 per cent since the institution closed three years ago.
Source
newspapers

Newspaper Articles (3)
1. December 9, 1935 The Indianapolis Times Indianapolis, IN
Article from The Indianapolis Times, December 9, 1935

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Article Text

Noblesville Bank Pays $36,000 Times Special NOBLESVILLE, Ind., Dec. 9.-An early Christmas gift of $36,000 is being distributed today among depositors of the Citizens State Bank, now in receivership. A similar 10 per cent dividend was paid in September.

2. April 11, 1936 The Indianapolis Times Indianapolis, IN
Article from The Indianapolis Times, April 11, 1936

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Article Text

PAYS THIRD DIVIDEND Noblesville Bank Receiver Gives Out $48,500. By United Press NOBLESVILLE, April 11.-Depositors of the defunct Citizens State Bank today were to receive 10 per cent dividends representing $48,500. This / the third dividend paid, making a total of 30 per cent since the institution closed three years ago.

3. April 11, 1936 The Indianapolis Times Indianapolis, IN
Article from The Indianapolis Times, April 11, 1936

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Article Text

PAYS THIRD DIVIDEND Noblesville Bank Receiver Gives Out $48,500. By United Press NOBLESVILLE, April 11.-Depositors of the defunct Citizens State Bank today were to receive 10 per cent dividends representing $48,500. This the third dividend paid, making a total of 30 per cent since the institution closed three years ago.