Farmers State Bank (Miami, IN)

Episode Information

Episode Type
Suspension โ†’ Closure
Start Date
November 18, 1930
Location
Miami, Indiana (40.614, -86.106)
Bank Type
state
Routing Number
71-1041

Metadata

Notes

Suspension announced by state banking commissioner; later receivership reported in 1934.

Events (2)

1. November 18, 1930 Suspension
Cause
Government Action
Cause Details
Suspension announced by the state banking commissioner; article gives no reason.
Newspaper Excerpt
No Reason Given For Suspension Of Business By State Institution ... of the Farmers State Bank at Miami, Miami county, announced today by Luther state banking commissioner.
Source
newspapers
2. May 4, 1934 Receivership
Newspaper Excerpt
A. P. Flynn ... receiver for the defunct First National Bank of Peru, has filed ... report on the receivership of the Farmers' State Bank of Miami. A withdrawal of the Peru bank as receiver is included.
Source
newspapers

Newspaper Articles (2)

Article from The Times-Mail, November 18, 1930

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Article Text

COUNTY

No Reason Given For Suspension Of Business By State Institution

INDIANAPOLIS, Nov. 18 (AP) of the Farmers State Bank at Miami, Miami county, announced today by Luther state banking commissioner. No reason for suspension was The bank capitalized had deposits of Jay Steadman was president Conn was cashier.


Article Text

FLYNN FILES REPORT WITH COURT

PERU, Ind., May 4-A. P. Flynn of Logansport, receiver for the defunct First National Bank of Peru, has filed in Miami circuit court report on the receivership of the Farmers' State Bank of MI. ami. A withdrawal of the Peru bank as receiver 18 included. Judge Hal C. Phelps will name another