Brownsville State Bank - Brownsville, IN

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: May 12, 1944
Location: Brownsville, Indiana (39.664, -85.005)

Metadata

Model: gpt-5-mini
Short Digest: 197d7001

Response Measures

None

Description

Article states the Brownsville (Ind.) State Bank failed and was placed in receivership on May 12, 1944. No mention of a depositor run; describes failure/receivership (government action).

Events (2)

1. May 12, 1944 Receivership

Newspaper Excerpt: The last insured bank placed in receivership, it said in a statement, was the Brownsville (Ind), State Bank which failed on May 12, 1944.
Source: newspapers

2. May 12, 1944 Suspension

Cause: Government Action
Cause Details: Bank failed and was placed in receivership by authorities on May 12, 1944.
Newspaper Excerpt: The last insured bank placed in receivership, it said in a statement, was the Brownsville (Ind), State Bank which failed on May 12, 1944.
Source: newspapers

Newspaper Articles (1)

1. May 12, 1947 Evening Star Washington, DC

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Article Text

been a single dollar lost by any depositor in an insured bank in the United States." The last insured bank placed in receivership, it said in a statement, was the Brownsville (Ind), State Bank which failed on May 12, 1944." Since then. there have been a few banks in difficulty, but these were