Avilla State Bank - Avilla, IN

Episode Information

Episode UID: 71068071573
Episode Type: Run → Suspension → Unsure
Bank Type: state
Bank ID: 7106807 routing
Routing Number: 71-0680
Start Date: January 12, 1931
Location: Avilla, Indiana (41.366, -85.239)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 832e14c7e9db9878

Response Measures

None

Description

OCR errors in article text; the piece implies a run prompted the bank not to open but gives no follow-up about receivership or reopening.

Events (2)

1. January 12, 1931 Run

Cause Details: Article states there was a run on the institution but does not specify trigger or misinformation.
Measures: Board of directors closed bank and placed a representative of the banking department in charge.
Newspaper Excerpt: The Avilla State bank ... failed to open doors this The step was taken by the board of directo run on the tion.
Source: newspapers

2. January 12, 1931 Suspension

Cause Details: Board of directors closed the bank after a run; banking department representative placed in charge.
Newspaper Excerpt: The Avilla State bank ... failed to open doors this The step was taken by the board of directo
Source: newspapers

Newspaper Articles (1)

1. January 13, 1931 The Indianapolis Star Indianapolis, IN

Article from The Indianapolis Star, January 13, 1931

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Article Text

NEW YORK DRY GOODS. NEW YORK, Jan. 12. goods opened the quiet The December showed an increase 2 per cent stocks the month and 13.3 per stimulated days price sistance here for. Retail prices SUBSIDIARY BANK SHUT. AVILLA, Ind. Jan. 12 (INS) The Avilla State bank ffiliated with the Noble and Trust Company of failed to open doors this The step was taken by the board of directo run on the tion. representative of the baking department was placed in charge