Tipton State Bank - Tipton, IA

Episode Information

Episode UID: 72038071597
Episode Type: Suspension → Reopening
Bank Type: state
Bank ID: 7203807 routing
Routing Number: 72-0380
Start Date: January 18, 1933
Location: Tipton, Iowa (41.770, -91.128)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 96c8087a21f8d7fd

Response Measures

None

Events (2)

1. January 18, 1933 Suspension

Cause: Government Action
Cause Details: Closed under an official two-week banking holiday that was subsequently extended
Newspaper Excerpt: The bank suspended !business Jan. 18 under two week banking holiday, which was later extended two weeks
Source: newspapers

2. February 18, 1933 Reopening

Newspaper Excerpt: the former Tipton National bank might open Saturday morning as the Tipton State bank
Source: newspapers

Newspaper Articles (1)

1. February 17, 1933 The Muscatine Journal Muscatine, IA

Article from The Muscatine Journal, February 17, 1933

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Article Text

State May Open Bank at Tipton Former National Bank Reported Forming State Charter; May Open Saturday. (Journal News Service.) that the former Tipton National bank might open Saturday morning as the Tipton State bank were seen here today if present plans are completed. A new charter for the state bank was reported to be in process of formation, upon the completion of which the bank is expected to open under state supervision as outlined in senate file 111. The bank suspended !business Jan. 18 under two week banking holiday, which was later extended two weeks, and on Wednesday night was extended two more days.

Episode Information

Metadata

Response Measures

Events (2)

Newspaper Articles (1)

Article Text

Bank runs are almost always and everywhere a deterioration of bank fundamentals.

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