Kent State Bank - Kentland, IN

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: September 14, 1931
Location: Kentland, Indiana (40.770, -87.445)

Metadata

Model: gpt-5-mini
Short Digest: b469096f

Response Measures

None

Description

Single article (Indianapolis Times, 1931-09-14) reports the State closing Kent State Bank in Kentland for lack of business and credit by the state banking department. No run is mentioned and no reopening is reported.

Events (1)

1. September 14, 1931 Suspension

Cause: Government Action
Cause Details: Closed by the state banking department due to lack of business and credit.
Newspaper Excerpt: KENTLAND BANK CLOSED Lack of Business Blamed for Collapse by State Department. Kent State bank, in Kentland, was closed today of lack of business and credit, the state banking reported.
Source: newspapers

Newspaper Articles (1)

1. September 14, 1931 The Indianapolis Times Indianapolis, IN

Article from The Indianapolis Times, September 14, 1931

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Article Text

KENTLAND BANK CLOSED Lack of Business Blamed for Collapse by State Department. Kent State bank, in Kentland, was closed today of lack of business and credit, the state banking reported. Carrol C. Kent is president and S. R. Sizelove cashier of the institution The bank was capitalized at $50,000.