Aetna Trust & Savings Company

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: December 23, 1935
Location: Indianapolis, Indiana (39.768, -86.158)

Metadata

Model: gpt-5-mini
Short Digest: 11085241

Response Measures

None

Description

Article (Dec 23, 1935) describes Aetna Trust & Savings Co. as a defunct Indianapolis bank in receivership paying dividends. No run or prior suspension described in the excerpt; bank is closed and under receivership (permanent closure).

Events (1)

1. December 23, 1935 Receivership

Newspaper Excerpt: The Aetna Trust & Savings Co., declared a 7½ per cent dividend amounting to $60,000 last month, officials said.
Source: newspapers

Newspaper Articles (1)

1. December 23, 1935 The Indianapolis Times Indianapolis, IN

Article from The Indianapolis Times, December 23, 1935

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Article Text

3 DEFUNCT CITY BANKS DECLARE YULE DIVIDENDS $141,000 Is Distributed to Depositors in Time for Christmas. Depositors of three defunct Indianapolis banks have received Christmas presents of dividends in excess of $141,000, it was announced today by the receivers. The City Trust Co. declared a 5 per cent dividend amounting to $80,000 last Saturday, Oren S. Hack, receiver, said. A similar dividend payment was made in October, 1934. The Aetna Trust & Savings Co., declared a 7½ per cent dividend amounting to $60,000 last month, officials said. A 2 per cent dividend was paid this week by Maple-rd State Bank, E. Kirk McKinney, receiver, said. The amount paid was $1534 and brings the total dividend payment up to 39½ per cent. Litigation prohibits the. Washington State Savings & Trust Co., Farmers Trust Co. and Meyer-Kiser Bank from declaring dividends at this time, receivers said. Receivers for the J. F. Wild & Co. State Bank and State Savings & Trust saw no prospect of dividend payments, and the Belmont State Bank anticipates a dividend payment soon after the holidays.