Bank of Colchester - Colchester, IL

Episode Information

Episode UID: 7102349191604
Episode Type: Suspension → Closure
Bank Type: private
Bank ID: 710234919 hash
Start Date: August 31, 1933
Location: Colchester, Illinois (40.426, -90.793)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: e5d9872fd5492010

Response Measures

None

Events (1)

1. August 31, 1933 Receivership

Newspaper Excerpt: Chas. W. Flack of Macomb has taken charge of the defunct banks at Blandinsville, Sciota and Colchester ... and will continue their liquidation.
Source: newspapers

Newspaper Articles (1)

1. August 31, 1933 The Raritan Reporter Raritan, IL

Article from The Raritan Reporter, August 31, 1933

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Article Text

Chas. W. Flack of Macomb has taken charge of the defunct banks at Blandinsville, Sciota and Colchester, succeeding Cliff W. Warner, Jas. H. Foster and Harry Burford, receivers of the above mentioned institutions in the order named, and will continue their liquidation. Mr. Flack is working under Wm. O'Connel of Chicago, state bank receiver.

Episode Information

Metadata

Response Measures

Events (1)

Newspaper Articles (1)

Article Text

Bank runs are almost always and everywhere a deterioration of bank fundamentals.

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