First National Bank - Marion, IN

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 4189
Charter Number: 4189
Start Date: February 11, 1925
Location: Marion, Indiana (40.550, -85.659)

Metadata

Model: gpt-5-mini
Short Digest: f15661d4

Response Measures

None

Description

Article (1925-02-11) indicates the First National Bank of Marion is in receivership and acting as receiver is selling assets (private sale beginning Feb 23). No mention of a run; the bank is closed and in receivership, so classified as a suspension leading to closure/receivership.

Events (2)

1. February 11, 1925 Receivership

Newspaper Excerpt: The plant and personal property of the art Battery sold private sale by the First National bank, receiver, at the First National bank beginning on February 23, ...
Source: newspapers

2. February 23, 1925 Other

Newspaper Excerpt: private sale by the First National bank, receiver, at the First National bank beginning on February 23
Source: newspapers

Newspaper Articles (1)

1. February 11, 1925 Leader-Tribune Marion, IN

Article from Leader-Tribune, February 11, 1925

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Article Text

TO HAVE PRIVATE SALE The plant and personal property of the art Battery sold private sale by the First National bank, receiver, at the First National bank beginning on February 23, the sale from day day, until all of the property is dis posed of.