7126. Exchange State Bank (Wichita, KS)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
September 20, 1922
Location
Wichita, Kansas (37.692, -97.338)

Metadata

Model
gpt-5-mini
Short Digest
7f445351

Response Measures

None

Description

Articles state Exchange State Bank (Wichita) was one of ten state banks closed and placed under control of the state bank commissioner (official receiver B. V. Curry) as of Sept 1922; later described as defunct with a receiver (A. L. Wright) handling dividends in Nov 1922. No run is mentioned. Cause classified as government action (closed by state authority).

Events (3)

1. September 20, 1922 Receivership
Newspaper Excerpt
B. V. Curry is the official receiver of all ten of these institutions. ... Exchange State bank, Wichita,
Source
newspapers
2. September 20, 1922 Suspension
Cause
Government Action
Cause Details
Closed and placed under control of the state bank commissioner; official receiver appointed for the institution.
Newspaper Excerpt
The ten banks under state control and of which Mr. Curry is receiver: ... Exchange State bank, Wichita,
Source
newspapers
3. November 27, 1922 Other
Newspaper Excerpt
Depositors of the defunct Exchange State Bank probably will be given a receiver's dividend of 15 per cent, $23,500, as a Christmas present. A. L. Wright, receiver, announced yesterday ...
Source
newspapers

Newspaper Articles (2)

Article from The Topeka State Journal, September 20, 1922

Click image to open full size in new tab

Article Text

STATE CONTROLS TEN BANKS B. V. Curry Is Official Receiver for All Institutions. Ten state banks are now closed and under control of the state bank commissioner. B. V. Curry, an assistant bank commissioner, is the official receiver of all ten of these institutions. In addition to the ten, there are nine banks in the state now operating under individual receivers. The ten banks under state control and of which Mr. Curry is receiver: Farmers' State bank, Washington. State Savings bank, Leavenworth. Farmers' State bank, Quenemo. C. M. Condon & Co., State bank, Oswego. Traders' State bank, Arkansas City. Citizens State bank, Geuda Springs. Exchange State bank, Wichita, State bank of Hope. Citizens' State bank, Harper. Farmers State Bank, Belmont. Mr. Curry has just been appointed receiver of the Citizens State Bank of Harper, the last bank to be closed by State Bank Commissioner Foster. Following -are the institutions now operating under private receivers: Citizens State Bank, Manhattan. People's State Bank. Salina. Broeker-Lefferdink Bank, Salina. Farmers and Merchants Bank, Pawnee Rock. Farmers State Bank, McCune. Viola State Bank, Viola. Aulne State Bank, Aulne. Hanover State Bank, Hanover. Farmers State Bank, Spring Hill.


Article from Abilene Weekly Reflector, November 30, 1922

Click image to open full size in new tab

Article Text

MAY RECEIVE MORE Wichita, Nov. 27.-Depositors of the defunct Exchange State Bank probably will be given a receiver's dividend of 15 per cent, $23,500, as a Christmas present. A. L. Wright, r ceiver, announced yesterday that every effort is being made to issue a second dividend to apply on the $170,000 deposits in the bank.