River Park State Bank - South Bend, IN

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: March 29, 1930
Location: South Bend, Indiana (41.683, -86.250)

Metadata

Model: gpt-5-mini
Short Digest: 1272ce83

Response Measures

None

Description

Article (The Times, 1930-03-29) reports River Park State Bank was closed with the state banking department in charge and a petition filed asking a receiver for affiliated building & loan association. No run or depositor agitation is mentioned; closure appears to be by state action leading to receivership.

Events (2)

1. March 29, 1930 Receivership

Newspaper Excerpt: State Bank Luther F. has filed petition in Superior Court here asking that appointed for the building and loan association. receiver asked bank closed both The bank deposits $150,000.
Source: newspapers

2. March 29, 1930 Suspension

Cause: Government Action
Cause Details: Closed by the state banking department; petition filed in Superior Court asking a receiver for the building and loan association.
Newspaper Excerpt: SOUTH BEND, Ind., March River Park State bank and the River Park and Loan association, affiliated banking institutions were closed here today with state banking department in charge.
Source: newspapers

Newspaper Articles (1)

1. March 29, 1930 The Times Hammond, IN

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Article Text

BANK IS CLOSED SOUTH BEND, Ind., March River Park State bank and the River Park and Loan association, affiliated banking institutions were closed here today with state banking department in charge. State Bank Luther F. has filed petition in Superior Court here asking that appointed for the building and loan association. receiver asked bank closed both The bank deposits $150,000.