Thompson State Bank - Edinburg, IN

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: April 1, 1932*
Location: Edinburg, Indiana (39.354, -85.967)

Metadata

Model: gpt-5-mini
Short Digest: 52d10a20

Response Measures

None

Description

Article (The Republic, 1934-05-04) describes the defunct Thompson State Bank which closed more than two years ago and whose liquidating agent is issuing dividends in 1934. No run is mentioned in the article. Exact closure date and cause are not provided in the text; I estimated the closure as before May 1932 based on more than two years ago.

Events (2)

1. April 1, 1932* Suspension

Cause Details: Article does not state the reason for the bank's closure; only that it closed more than two years prior to May 4, 1934.
Newspaper Excerpt: the defunct Thompson state bank which closed more than two years ago
Source: newspapers

2. May 4, 1934 Receivership

Newspaper Excerpt: A large number of checks, representing $37,000 in dividends from the defunct Thompson state bank ... were issued today by I. J. Waltz, liquidating agent. A light but steady flow of former depositors ... called for their money this morning. The payment totalled 20 per cent of the amount remaining after the other dividends had been paid.
Source: newspapers

Newspaper Articles (1)

1. May 4, 1934 The Republic Columbus, IN

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Article Text

BANK RECEIVER ISSUES CHECKS Edinburg, May 4.-A large number of checks, representing $37,000 in dividends from the defunct Thompson state bank which closed more than two years ago, were is sued today by I. J. Waltz, liquidating agent. A light but steady flow of former depositors who had accounts in the bank when it closed called for their money this morning The payment totalled 20 per cent of the amount remaining after the other dividends had been paid.