6226. Bank of Rensselaer (Rensselaer, IN)

Bank Information

Episode Type
Suspension → Reopening
Bank Type
state
Start Date
December 16, 1930
Location
Rensselaer, Indiana (40.937, -87.151)

Metadata

Model
gpt-5-mini
Short Digest
1bad3a35

Response Measures

None

Description

Articles show the Bank of Rensselaer was closed in mid-December 1930 (Dec. 16 per Apr 25, 1931 article) and later reopened (article dated 1931-04-25). There is no explicit mention of a depositor run on the Rensselaer bank in the provided articles (Article 1 only says the Rensselaer closing caused a run on Wheatfield bank). Cause of the suspension is not stated in the texts, so classified as unknown/other. Dates taken from article text and publication dates.

Events (3)
1. December 16, 1930 Suspension
Cause Details
Article does not state reason for closure; only that bank was closed on December 16 (1930).
Newspaper Excerpt
Bank Re-opened At Rensselaer ... bank opened its doors being closed December 16.
Source
newspapers
2. December 22, 1930 Other
Newspaper Excerpt
Closing of the bank in Rensselaer recently caused a run on the Wheatfield bank.
Source
newspapers
3. April 25, 1931 Reopening
Newspaper Excerpt
Bank Re-opened At Rensselaer ... bank opened its doors being closed December 16.
Source
newspapers

Newspaper Articles (2)
1. December 22, 1930 The South Bend Tribune South Bend, IN
Article from The South Bend Tribune, December 22, 1930

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Article Text

WHEATFIELD BANK IS CLOSED. The WHEATFIELD, Ind., Dec. 22.-The Wheatfield bank was closed Saturday by order of the board of directors and is now in the hands of the state banking department. Closing of the bank in Rensselaer recently caused a run on the Wheatfield bank.

2. April 25, 1931 Journal and Courier Lafayette, IN
Article from Journal and Courier, April 25, 1931

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Article Text

Bank Re-opened At Rensselaer Ind., April bank opened its doors being closed December 16. The completely capital The ofby the President George president tary John Grable: assistant Ed. second sistant, Eva ceiver, Dean, has given report the court and has 81, BREAKS HIP. Mrs. Keeney her home Friday, turing Mrs. Keeney MEDICS MEET. The Medical the Makeever, Friday, with English The Dr. spoke "Sinus Miss Gladys Price went to Muncie, where will the Ball Teachers term. Mrs. Warren and Muncie where Miss student at the Ball Teacher college. 4,000 TREES SET OUT. Amzie Schultz just finished 4,000 trees on farm north Rensselaer The include Scotch, Jack and Schultz trees growing that he before. The trees set under the supervision of Prof. Denuyl Purdue, who brought along his class of students to the planting. probable will used plot the state forestry