Michigan Savings Bank (Vassar, MI)

Episode Information

Episode UID
74037671587
Episode Type
Suspension → Closure
Bank Type
savings
Bank ID
7403767 routing
Routing Number
74-0376
Start Date
March 1, 1932*
Location
Vassar, Michigan (43.372, -83.583)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
188cd75b2fa87082

Response Measures

None

Description

Articles state the bank closed for reorganization and a receiver was later appointed; no run is reported.

Events (2)
1. March 1, 1932* Suspension
Cause Details
Closed for reorganization (explicitly described as closed for reorganization in news item).
Newspaper Excerpt
The Michigan Savings Bank Vassar closed reorganization Tuesday of last week.
Source
newspapers
2. July 2, 1932 Receivership
Newspaper Excerpt
Lewis Walton of Ferndale ... appointed receiver for the Michigan Savings Bank this morning ... hearing in circuit court before Judge Henry H. Smith.
Source
newspapers

Newspaper Articles (2)
1. March 11, 1932 The Progress-Advance Pigeon, MI
Article from The Progress-Advance, March 11, 1932

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Article Text

Neighboring News The Michigan Savings Bank Vassar closed reorganization Tuesday of last week. Farmers Snover, Sandusky and Peck Sugar of Caro for than acres beets. Malcom Crawford, Caro Schools was board directors the annual meeting held in Brookfield townfarmer, serving 25-day tence the county jail because refused pay his tax. appeared before Justice Lewis Hill pleaded guilty the charge, the pay spend days in chose has been named chairman of the Chamber Commerce. Other Arthur Maust: retary, Palmer; Treasurer, Denner. Elkton High School placed the accredited year period ending June 30, 1934.

2. July 3, 1932 The Flint Journal Flint, MI
Article from The Flint Journal, July 3, 1932

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Article Text

FERNDALE MAN NAMED VASSAR BANK RECEIVER Vassar, July 2.-Lewis Walton of Ferndale formerly of appointed receiver for the Michigan Savings Bank this morning hearing in circuit court before Judge Henry H. Smith. Mr. Walton was by Edward Nelson of the state banking department testified the hearing on the petition that appointed for the bank, which was closed sometime The harp played minor role in Greek the lyre and cithara being much important.