Citizens State Bank (Plainfield, IN)

Episode Information

Episode Type
Suspension → Closure
Start Date
April 23, 1928
Location
Plainfield, Indiana (39.701, -86.373)
Bank Type
state
Routing Number
71-0549

Metadata

Episode ID
Bank ID
City ID
Model
gpt-5-mini
Short Digest

Events (2)
1. April 23, 1928 Suspension
Cause
Government Action
Cause Details
State banking commission and court action appointed a receiver leading to the bank's closure
Newspaper Excerpt
Announcement was made today by the State banking commission that Horace Hanna, Plainfield attorney, had been named receiver of the Citizens State Bank of Plainfield
Source
newspapers
2. April 23, 1928 Receivership
Newspaper Excerpt
Horace Hanna to Take Charge of Plainfield Institution. Announcement was made today ... had been named receiver of the Citizens State Bank of Plainfield by Judge Dugan of the Hendricks Circuit Court. Offer has been made by the First National bank of Plainfield to purchase part of the assets of the defunct bank and so aid it to pay off the depositors.
Source
newspapers

Newspaper Articles (2)
1. April 23, 1928 The Indianapolis Times Indianapolis, IN
Article from The Indianapolis Times, April 23, 1928

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Article Text

BANK RECEIVER NAMED Horace Hanna to Take Charge of Plainfield Institution. Announcement was made today by the State banking commission that Horace Hanna, Plainfield attorney, had been named receiver of the Citizens State Bank of Plainfield by Judge Dugan of the Hendricks Circuit Court. Offer has been made by the First National bank of Plainfield to purchase part of the assets of the defunct bank and so aid it to pay off the depositors.

2. April 23, 1928 The Indianapolis Times Indianapolis, IN
Article from The Indianapolis Times, April 23, 1928

Click image to open full size in new tab

Article Text

BANK RECEIVER NAMED Horace Hanna to Take Charge of Plainfield Institution. Announcement was made today by the State banking that Horace Hanna, Plainfield attorney, had been named receiver of the Citizens State Bank of by Judge Dugan of the Hendricks CirCourt. Offer has been made by the First National bank of Plainfield purchase part of the assets of the defunct bank and so aid to pay off the depositors.