Jewett State Bank (Jewett, OH)

Episode Information

Episode UID
56136371525
Episode Type
Run โ†’ Suspension โ†’ Unsure
Bank Type
state
Bank ID
5613637 routing
Routing Number
56-1363
Start Date
January 27, 1927
Location
Jewett, Ohio (40.368, -81.005)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
2c5da44c8dca651c

Response Measures

None

Description

Reports cite a run and 'frozen assets' with a liquidation officer named but one report says it was expected to reopen, leaving final status unclear.

Events (2)

1. January 27, 1927 Run
Cause
Bank Specific Adverse Info
Cause Details
Run followed discovery/announcement of 'frozen assets' at the bank.
Newspaper Excerpt
closed its doors today, following run upon yesterday.
Source
newspapers
2. January 28, 1927 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank closed its doors due to 'frozen assets' after the run; state banking department liquidation official named.
Newspaper Excerpt
The doors of the Jewett State Bank failed to open today. Frozen assets was announced as the cause of the failure.
Source
newspapers

Newspaper Articles (5)

Article from News Journal, January 28, 1927

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Article Text

BANK FAILS JEWETT. doors the Jewett State bank failed open today. Frozen announced the failure the bank" yesterday, officials say.


Article from The Lima News, January 28, 1927

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Article Text

capital accounts present is figured treasury deficit on July would be avoided. By making the franchise tax collections in May Tracy contends more balance could be maintained thruout the year, thus enabling the state treasurer to keep amount of funds on deposit inactive bank accounts at high interest rate, thereby permitting the state to obtain much greater amount of In active accounts in bank draw 3-4 per cent interest, active counts out of which paid from day to day, draw less than 1-2 per cent CROSS RETURNS TO LIMA AFTER 15,000-MILE TRIP Herb B Cross, well known building contractor of Lima completed tour of recently 15,000 miles thru the United Canada and Mexico has returned to Lima where he be located. Cross has been at Johns Hop kins hospital Baltimore, for the last months where he has undergone treatment for nervous disorder ACKERMAN TLED Inventory of the estate of Catherine Ackerman of field in probate court Friday schedules less than personal property and an interest in lot Lafayette, valued at $696 BANK FAILS TO OPEN The doors of the Jewett State Bank falled to open today Frozen assets is announced as the of the failure Citizens cause caused "run on the bank terday, officials say.


Article from The Cincinnati Enquirer, January 29, 1927

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Article Text

(OHIO) BANK FAILS Ohio, Jewett State Bank failed to open Frozen assets was announced cause of the failure. Citizens on the bank


Article from The Cincinnati Enquirer, January 29, 1927

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Article Text

JEWETT (OHIO) BANK FAILS The Bank the of the on the bank officials


Article from The Plain Dealer, January 29, 1927

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Article Text

ANOTHER OHIO BANK CLOSED Jewett State Institution Expected to Reopen. Plain Dealer Special) CADIZ, O., Jan. 28.-The Jewett State bank at Jewett. this county with resources in excess of $333,000. closed its doors today, following run upon yesterday. Maj. C. W. Miller in charge of liquidation for the state banking department, declined to say how much the bank would pay or if it would Officials predicted that it would reopen "in More than $5,000 was during the run. The People's bank at Amsterdam, in the adjoining county of Jefferson. was closed Jan. 11 and has not opened. "Frozen assets" were said to have caused its closing.