Farmers State Bank (Boston, IN)

Episode Information

Episode UID
71100571599
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
7110057 routing
Routing Number
71-1005
Start Date
March 1, 1933*
Location
Boston, Indiana (39.741, -84.852)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
95541ffcc41cbd3c

Response Measures

None

Description

OCR errors in articles corrected (e.g., 'Farm bank' -> Farmers' State Bank).

Events (2)
1. March 1, 1933* Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank closed and suspended after a recent withdrawal-limit was put into effect, indicating bank-specific distress.
Newspaper Excerpt
The bank ... suspended operations only recently.
Source
newspapers
2. March 31, 1933 Receivership
Newspaper Excerpt
Stanley named receiver for Farm bank Boston ... The Farmer's State bank closed after recent percent withdraw limit was put into effect. Receiver Named for Boston Bank The Farmers' State bank, Boston, Ind., placed receivership yesterday, filed by Luther Stanley, attorney, named receiver ... bond of $10,000. The contested the bank, which suspended operations only recently.
Source
newspapers

Newspaper Articles (2)
1. March 31, 1933 Palladium-Item Richmond, IN
Article from Palladium-Item, March 31, 1933

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Article Text

STANLEY BOSTON BANK RECEIVER Richmond attorney named receiver for Farm bank Boston following court. today The hearing petition of bank which he asked the appointment of the Stanley was named by Judge Hoelscher and filed bond $10,000 after his The bank did not contest the receiverThe Farmer's State bank closed after recent percent withdraw limit was put into effect.

2. April 1, 1933 The Richmond Item Richmond, IN
Article from The Richmond Item, April 1, 1933

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Article Text

Receiver Named for Boston Bank The Farmers' State bank, Boston, Ind., placed receivership yesterday, filed by Luther Stanley, attorney, named receiver institution bond of $10,000. The contested the bank, which suspended operations only recently.