Bank of Scranton - Scranton, IA

Episode Information

Episode UID: 72071571571
Episode Type: Suspension → Closure
Bank Type: private
Bank ID: 7207157 routing
Routing Number: 72-0715
Start Date: November 18, 1930
Location: Scranton, Iowa (42.022, -94.545)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: adaa906d5566a7b7

Response Measures

None

Description

Article states 'Iowa banks close 18' and mentions frozen assets at Bank of Scranton; permanence of closure not specified in this excerpt.

Events (1)

1. November 18, 1930 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Frozen assets at the bank caused it to close/suspend operations
Newspaper Excerpt: IOWA BANKS CLOSES 18 Frozen assets caused the Bank of Scranton yesterday had deposits of approximately $400,000
Source: newspapers

Newspaper Articles (1)

1. November 18, 1930 The Buffalo News Buffalo, NY

Article from The Buffalo News, November 18, 1930

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Article Text

LIVESTOCK 37 Banks Closed in Arkansas, 34 as Precautionary Measure LITTLE ROCK 18 (UN banks affiliated with the Banks company of Little Rock took of law for five with suspension of pay. on Three in ordered by the Banking Senator Joseph T. Robinson blamed the situation the of Caldwell & Co. at sure the banks are solvent.' sound financially and as as the the closing the banwks has the state will return normal and the will Officials anthe by fear of The Trust com. pany of Little was the first of the to shut doors. It is the largest bank in the Within an came from Pine that Merchants & Planters there and banking tions in had failed Bank officials and depositors alike possible outunprecedented number of the banks to the end that time they for in the hands of the State Banking department. Six Banks Close in Kentucky, All Are Declared Solvent LOUISVILLE Nov 18 (U.N. Six Kentucky two of them Neand operated closed yes. terday said that all the was protect the interest of The Bank of the the AmeriMutual bank SecuriBank the all of Louisville, and the McElwain Me. quiar & company Franklin. the institutions affected the American Mutual and Two Illinois Failures Bring Total to Five Since Friday The suspensions in since increased to five yesterday ing State that the Bartlett & Wallace State bank and the Timewell State bank Timewell had connection with the failure of the State Savings & Quincy 000 and the bank Illinois Failure Causes 4 Missouri Banks to Close Mo., 18 (U.N banks Northeast closed their doors yesterday All the were direct of results the failure last week of the Loan & company of Quincy. III The institutions deposited surplus in the Illinois bank and to protect depositors. The The Downing State Schuyler of The Labell of Lewis deposits of $203,000. The Farmers & Merchants bank of La Grange of Lewis county deposits $306,464 The Rutledge Exchange bank of Scotland county deposits $31,838 IOWA BANKS CLOSES 18 Frozen assets caused the Bank of Scranton yesterday had deposits of approximately $400,000 KINNER AEROPI HAS DEFICIT York the NEWS NEW YORK Nov Kinner corporation reports for the nine 30 net deficit of after depreciation compared with deficit $2244 for the corresponding period of