6110. Mooreland State Bank (Mooreland, IN)

Bank Information

Episode Type
Suspension → Reopening
Bank Type
state
Start Date
March 1, 1933*
Location
Mooreland, Indiana (39.998, -85.251)

Metadata

Model
gpt-5-mini
Short Digest
0a3db15c

Response Measures

None

Description

Articles indicate the Mooreland State Bank was closed in March (part of the bank closures/holiday and receivership actions mentioned statewide) and was reopened by April 7, 1933 after 80% of depositors signed agreements; no explicit run is described. Suspension appears tied to the wider bank holiday/classifications and state actions rather than a depositor run.

Events (2)

1. March 1, 1933* Suspension
Cause
Government Action
Cause Details
Closed since the March bank holiday/series of state bank closures and class ratings; receiverships being sought for several Henry County banks per state banking actions.
Newspaper Excerpt
The Mooreland State Bank, closed since March ...
Source
newspapers
2. April 7, 1933 Reopening
Newspaper Excerpt
Mooreland Bank Opened The Mooreland State Bank, closed since March reopened ... after 80% of the depositors had signed on their deposits, agreeing not to withdraw any of the money year.
Source
newspapers

Newspaper Articles (2)

Article from The Richmond Item, March 25, 1933

Click image to open full size in new tab

Article Text

Attack Made on Report Filed by Finance Director RECEIVERS TO NAMED FOR HENRY BANKS New Lisbon, Mt. Summit, Mooreland and Spiceland Banks Included in Plan March Symons, state banking said today applications will made for the appointfor state banks failed open since the the holiday by President The bank said 314 chartered banks and trust companies given class rating have been opened and that others open with class Those moderate restrictions currency withdrawals while those class open percent restrictions withdrawals. Eighteen banks, including five Federal Reserve member banks, still closed. seven for which receiverships will sought The Markle State Harlan bank: the Farmers' State bank of New Mount Summit State the Citizens Amo; the State Moreland; and the Henry County State bank of Spiceland. Bevis covering an investigation charges against Highway rector Merrell and Van highway connection the parts from the state attacked day by Secretary George "the the report, Myers declared that that available ignored entirely the wash report indicates that the director finance did interview the authorities,' Mr. Myers. order to be fair should interviewed both parties this transaction.' The DeWitt Clinton high school York the largest Ohio, March high has an report Finance Director Howard enrollment of over 10,000.


Article from Tri-County Banner, April 7, 1933

Click image to open full size in new tab

Article Text

Mooreland Bank Opened The Mooreland State Bank, closed since March reopened Class bank after 80% of the depositors had signed on their deposits, agreeing not to withdraw any of the money year. When the was about to lose its bank, commitformed and canvass made the 602 dinner given Wednesday night Mooreland celebrating the Morgan, this city, was present.