Union State Bank - Crothersville, IN

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: July 26, 1928
Location: Crothersville, Indiana (38.801, -85.842)

Metadata

Model: gpt-5-mini
Short Digest: 6f8c3162

Response Measures

None

Description

A receiver is listed for Union State Bank and is selling assets (real estate) in the July 26, 1928 article, indicating the bank was in receivership and effectively closed. No run is mentioned in the provided article, so this is classified as a suspension leading to closure (receivership).

Events (2)

1. July 26, 1928 Receivership

Newspaper Excerpt: Union State Bank, Crothersville, receiver, to Mary Bonnie Densford, lots 54, 55, ... (receiver selling assets).
Source: newspapers

2. July 26, 1928 Suspension

Cause: Government Action
Cause Details: Bank placed in receivership; receiver disposing of bank assets (real estate).
Newspaper Excerpt: Union State Bank, Crothersville, receiver, to Mary Bonnie Densford, lots 54, 55,
Source: newspapers

Newspaper Articles (1)

1. July 26, 1928 The Tribune Seymour, IN

Click image to open full size in new tab

Article Text

Real Estate Transfers Union State Bank, Crothersville, receiver, to Mary Bonnie Densford, lots 54, 55, Fred Holle, et al, to Geo, Holle, 80 acres, Grassy Fork town Oren O. Swails, trustee, to Frank H. Lemp, pt Redding town. Norman Barkman to Harry Miller, trustee, lots bloel: Harry M. Miller, trustee, to Nor man C. Barkman, lots 36, 37, block James C. DeLong to Wayne Goble pt 80 acres, Pershing townBenjamin Wray to Aloert Polk, 33 43 acres, Salt Creek township $1. Maggie Baskman to Howard Robbins, pt lot 36, block W, Seymour Conley O. Davis to John Hauenschild, pt lots 43, 44, block W, Sey-