Farmers Savings Bank - Ruthven, IA

Episode Information

Episode UID: 72084671592
Episode Type: Suspension → Closure
Bank Type: savings
Bank ID: 7208467 routing
Routing Number: 72-0846
Start Date: August 10, 1932
Location: Ruthven, Iowa (43.129, -94.899)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 31f86d0bc4dd2123

Response Measures

None

Description

Article states the bank is closed and in receivership; receiver reassigned to state office.

Events (1)

1. August 10, 1932 Receivership

Newspaper Excerpt: J. P. Spalla, who has had charge of the receivership of the Farmers Savings bank of this city, ... has accepted a position in the receivership department in the office of the state banking department in Des Moines.
Source: newspapers

Newspaper Articles (1)

1. August 10, 1932 The Ruthven Free Press Ruthven, IA

Article Text

Local Bank Receiver Goes To Des Moines J. P. Spalla, who has had charge of the receivership of the Farmers Savings bank of this city, and eight other closed banks in north-central Iowa, has accepted a position in the receivership department in the office of the state banking department in Des Moines, and he is leaving today to begin his new work there. Mr. Spalla has been quite successful in handling the affairs of closed banks, and the transfer, which was announced last Wednesday, comes as a reward for efficient services. M. P. Wilkinson, who has been associated with Mr. Spalla as receiver of the Farmers Savings bank of this city, will now have charge of the Farmers Savings bank of Ruthven, and also closed banks at Dickens, Arnolds Park, and Ringsted. M. P. Christopher of Parkersburg, arrived here yesterday, to help Mr. Wilkinson with his work. Both, Mr. Wilkinson and Mr. Christopher, will make their home in Ruthven.