Merom State Bank (Merom, IN)

Episode Information

Episode UID
71097171384
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
7109717 routing
Routing Number
71-0971
Start Date
April 13, 1915
Location
Merom, Indiana (39.056, -87.568)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
c56c7e2521ee8d17

Response Measures

None

Description

State auditor took charge and newspaper headline states the bank was closed; no explicit receiver named in these articles.

Events (1)
1. April 13, 1915 Suspension
Cause
Government Action
Cause Details
Auditor of State Crittenberger took charge of the bank; linked to involvement with Anchor Life Insurance Co.; bank described as closed in headline.
Newspaper Excerpt
Auditor of State Crittenberger today took charge of the Merom State bank at Merom.
Source
newspapers

Newspaper Articles (2)
1. April 14, 1915 The Detroit Times Detroit, MI
Article from The Detroit Times, April 14, 1915

Click image to open full size in new tab

Article Text

Indiana Bank Closed. INDIANAPOLIS, Ind., April 13.Auditor of State Crittenberger today took charge of the Merom State bank at Merom. This bank, it is understood, was involved with the Anchoi Life Insurance company, for which a receiver has been asked for by the state of Indiana.

2. April 14, 1915 South Bend News-Times South Bend, IN
Article from South Bend News-Times, April 14, 1915

Click image to open full size in new tab

Article Text

TAKES OVER MEROM BANK Auditor Crittenberger Takes Charge Without Reason Being Given. INDIANAPOLIS, April 14.-Auditor of State Critterberger Tuesday took charge of the Meron State bank at Merom, Ind. No specific reason was announced. The Merom bank was mentioned in connection with the suit of a receivership for the Anchor Insurance Co. a few days ago. It is rumored that the bank held $20,000 worth of the insurance company's stock as security for loans.