Citizens Savings Bank - Sigourney, IA

Episode Information

Episode UID: 72039171491
Episode Type: Suspension → Closure
Bank Type: savings
Bank ID: 7203917 routing
Routing Number: 72-0391
Start Date: March 9, 1924
Location: Sigourney, Iowa (41.333, -92.205)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 2bf029e7cce65503

Response Measures

None

Description

Superintendent of Banks took charge after voluntary closing; unclear if permanent but regulator control implies closure.

Events (1)

1. March 9, 1924 Suspension

Cause: Government Action
Cause Details: A heavy depositor withdrew a large amount; bank voluntarily closed fearing a run and the Superintendent of Banks took charge.
Newspaper Excerpt: The Citizens' Savings Bank of Sigourney has closed its doors and the Superintendent of Banks has taken charge.
Source: newspapers

Newspaper Articles (1)

1. March 10, 1924 The Los Angeles Times Los Angeles, CA

Article from The Los Angeles Times, March 10, 1924

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Article Text

BANK CLOSES DOORS [EXCLUSIVE DISPATCH] DES MOINES, March 9.—The Citizens' Savings Bank of Sigourney has closed its doors and the Superintendent of Banks has taken charge. It was stated that a heavy depositor had withdrawn a large amount of cash and the bank officials had voluntarily closed the doors on account of fear of a run, not because the bank's condition is unsound.