Swisher Trust & Savings Bank (Swisher, IA)

Episode Information

Episode Type
Suspension โ†’ Closure
Start Date
February 3, 1923
Location
Swisher, Iowa (41.846, -91.693)
Bank Type
savings
Routing Number
72-1729
Canonical name
Swisher Savings Bank
Alt. names
Swisher Trust & Savings Bank

Metadata

Notes

Superintendent of Banking v. Swisher Savings Bank and receiver's report indicate regulatory closure/receivership.

Events (2)

1. February 3, 1923 Suspension
Cause
Government Action
Cause Details
Court order in action by the State Superintendent of Banking leading to suspension/receivership
Newspaper Excerpt
the District Court of Johnson County, Iowa, did on the 3th day of February. A. D., 1923, make an order in the cause entitled Robert Leach, Superintendent of Banking of the State of Iowa, VS. Swisher Savings Bank of Swisher, Iowa
Source
newspapers
2. February 3, 1923 Receivership
Newspaper Excerpt
In the trial of Robert L. Leach, superintendent of banking for Iowa vs. the Swisher Savings bank, the receiver's report was approved and in the main, what he asked was granted.
Source
newspapers

Newspaper Articles (2)

Article from Iowa City Press-Citizen, February 11, 1925

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Article Text

TO THE CREDITORS OF THE SWISHER SAVINGS BANK OF SWISHER, IOWA: You and each of you are hereby notified that the District Court of Johnson County, Iowa, did on the 3th day of February. A. D., 1923, make an order in the cause entitled Robert Leach, Superintendent of Banking of the State of Iowa, VS. Swisher Savings Bank of Swisher, Iowa, ordering that all claims against the Swisher Savings Bank Swisher, Iowa, based on deposit. checking account deposit, savings deposits and deposits on time and demand certificates. except certificates issued for money borrowed for said bank. as shown by the report file and by the books of said Swisher Savings Bank. be allowed as


Article from Iowa City Press-Citizen, April 23, 1925

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Article Text

Approve Report Robert L

Leach, superintend- In the trial of Robert L. Leach, superintendent of banking for Iowa vs. the Swisher Savings bank, the receiver's report was approved and in the main, what he asked was granted.