Brookfield State Bank - Brookfield, IL

Episode Information

Episode UID: 70173071628
Episode Type: Suspension → Closure
Bank Type: state
Bank ID: 7017307 routing
Routing Number: 70-1730
Start Date: August 18, 1935
Location: Brookfield, Illinois (41.824, -87.852)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: f557141fb7a884ca

Response Measures

None

Description

Receiver is making distributions; institution described as closed and in liquidation.

Events (2)

1. August 18, 1935 Receivership

Newspaper Excerpt: Receiver William L. O'Connell reported. Funds for the current distribution were obtained in the ordinary course of liquidation.
Source: newspapers

2. * Suspension

Cause Details: Bank had previously closed and entered liquidation; specific trigger not given.
Newspaper Excerpt: This brings to 15 per cent the total repaid since the institution closed.
Source: newspapers

Newspaper Articles (1)

1. August 18, 1935 Chicago Tribune Chicago, IL

Article Text

5 Per Cent to Depositors The Brookfield State bank was authorized yesterday by State Auditor Edward J. Barrett to return another $8,412 or 5 per cent to depositors. Checks will be mailed tomorrow. This brings to 15 per cent the total repaid since the institution closed. In addition to depositor payments, $5,045 preferred claims and $51,500 in old bills have been wiped out, Receiver William L. O'Connell reported. Funds for the current distribution were obtained in the ordinary course of liquidation.