Bank of South Bend - South Bend, IN

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: March 2, 1928
Location: South Bend, Indiana (41.683, -86.250)

Metadata

Model: gpt-5-mini
Short Digest: aa4953a846e6d4ba

Response Measures

None

Description

OCR text is garbled but clearly refers to a former teller of the Bank of South Bend who disappeared/attempted to flee and the bank being placed in the hands of a receiver. This indicates the bank closed and entered receivership due to adverse bank-specific information (embezzlement by an employee). No explicit mention of a depositor run is present in the excerpt.

Events (2)

1. March 2, 1928 Other

Newspaper Excerpt: TELLER CAUGHT BOARDING LINER ... youthful former teller of the bank South Bend ... disappeared after ... George the former pay- ... the former teller tried to board Berengaria
Source: newspapers

2. March 2, 1928 Receivership

Newspaper Excerpt: the former teller of the bank South Bend ... disappeared after fake hold ... The bank now in hands of receiver
Source: newspapers

Newspaper Articles (1)

1. March 3, 1928 Evansville Courier and Press Evansville, IN

Article from Evansville Courier and Press, March 3, 1928

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Article Text

TELLER CAUGHT BOARDING LINER NEW YORK, March 2 youthful former teller of the bank South Bend when he tried to board Berengaria today George the former paydisappeared after "fake hold been the bank week in which 400 of the were resulting in on the police were The bank now in hands of receiver