Polish American Bank - Grand Rapids, MI

Episode Information

Episode UID: 74001571609
Episode Type: Suspension → Closure
Bank Type: state
Bank ID: 7400157 routing
Routing Number: 74-0015
Start Date: January 9, 1934
Location: Grand Rapids, Michigan (42.961, -85.656)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 37a573c9ce2dc99d

Response Measures

None

Events (1)

1. January 9, 1934 Receivership

Newspaper Excerpt: POLISH-AMERICAN BANK RECEIVER FILES REPORT
Source: newspapers

Newspaper Articles (1)

1. January 9, 1934 The Grand Rapids Press Grand Rapids, MI

Article from The Grand Rapids Press, January 9, 1934

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Article Text

POLISH-AMERICAN BANK RECEIVER FILES REPORT The third annual report the filed circuit court by Trust for the year Sept. 1933. shows capital assets The report shows notes receivable reduced mortgages receivable and contracts by Furniture fixtures reported compared with reflecting deficit face expenses. Tax items and repairs mortgaged increased unavoidably, the receiver reports.

Episode Information

Metadata

Response Measures

Events (1)

Newspaper Articles (1)

Article Text

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

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