First National Bank - Goshen, IN

Bank Information

Episode Type: Suspension → Reopening
Bank Type: national
Bank ID: 146
Charter Number: 146
Start Date: December 1, 1933*
Location: Goshen, Indiana (41.575, -85.831)

Metadata

Model: gpt-5-mini
Short Digest: 4678b674

Response Measures

None

Description

Article (Dec 12, 1933) reports First National Bank of Goshen had been 'frozen' and in hands of conservators and was among national banks issued licenses/plans approved to resume operations. No explicit run is mentioned; this is a suspension (conservatorship/government action) followed by reopening authorization.

Events (4)

1. December 9, 1863 Chartered

Source: historical_nic

2. November 7, 1872 Voluntary Liquidation

Source: historical_nic

3. December 1, 1933* Suspension

Cause: Government Action
Cause Details: Bank was 'frozen' and placed in hands of conservators (regulatory conservatorship) during reorganization of national banks in early December 1933
Newspaper Excerpt: Twenty of the banks ... had been in the hands conservators ... The First National Bank of Goshen ... has $719,000 in frozen deposits
Source: newspapers

4. December 12, 1933 Reopening

Newspaper Excerpt: The First National Bank of Goshen, is among those which have their plans approved. It has $719,000 in frozen deposits and $82,000 in unrestricted deposits. 21 MORE NATIONAL BANKS GET LICENSES TO OPEN
Source: newspapers

Newspaper Articles (1)

1. December 12, 1933 The Indianapolis News Indianapolis, IN

Article from The Indianapolis News, December 12, 1933

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Article Text

21 MORE NATIONAL BANKS GET LICENSES TO OPEN 12 treasury says that twenty-one national banks with deposits of $16,559,000 restored to full time operation in the first nine days December. Twenty of the banks. with 000 frozen and $708,000 of unrestricted deposits, had been in the hands conservators and were issued licenses to resume business granted for new banks. One charter was issued to new bank to frozen deposits of a bank in reIn the time, it was that banks had recelved for their Indiana Institutions. Included in the list of national reorganization and to which were or were granted for new to take over the the old the First National Bank of Elwood, with frozen deposits of and deposits of and the First Bank of Swayzee, with $265,000 and $21,000 respectively. The First National Bank of Goshen, is among those which have their plans approved. It has $719,000 in frozen deposits and $82,000 in unrestricted deposits.