Wayne Savings Bank (Wayne, MI)

Episode Information

Episode UID
74088171578
Episode Type
Suspension โ†’ Closure
Bank Type
savings
Bank ID
7408817 routing
Routing Number
74-0881
Start Date
June 19, 1931
Location
Wayne, Michigan (42.281, -83.386)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
f67154317cc7b7de

Response Measures

None

Description

Articles report a suspension in 1931 and subsequent receivership/defunct status by 1932; specific financial cause not stated.

Events (2)

1. June 19, 1931 Suspension
Cause Details
Article states the bank failed and suspended business but gives no specific trigger or broader cause.
Newspaper Excerpt
Oldest Bank in Detroit Suburb Suspends Business Wayne Savings oldest largest bank in this suburb failed today notice posted
Source
newspapers
2. March 16, 1932 Receivership
Newspaper Excerpt
Dissatisfied the receivership, defunct Wayne (Mich.) Savings Bank Tuesday Attorney Harry into the affairs apwith the positors Reichert, State
Source
newspapers

Newspaper Articles (4)

Article from Argus-Leader, June 19, 1931

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Article Text

Oldest Bank in Detroit Suburb Suspends Business Wayne Savings oldest largest bank in this suburb failed today notice posted the stated the for and liabilities was immediately available.


Article from Detroit Free Press, March 16, 1932

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Article Text

DEPOSITORS ASK TOY FOR DEFUNCT BANK QUIZ Dissatisfied the receivership, defunct Wayne (Mich.) Savings Bank Tuesday Attorney Harry into the affairs apwith the positors Reichert, State


Article from The Knoxville News-Sentinel, July 12, 1932

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Article Text

Judge Shifts Court By United Judge Joseph Monyihan believes in the practical thing later. Recently. he held court in the vault of Wayne Mich. savings bank because was easier to move the court than the records of a receivership case.


Article from The Sauk Centre Herald, July 21, 1932

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Article Text

Betty don Harold Perkins, of Darlington, Eng., takes his invalid wife for hikes in a wheel-chair, sometimes covering 30 miles a day, sleeping wherever night catches them. Plowing a field that had been untilled for about half a century, Walter Robinson, of Stoughton, Mass., recently uncovered a big U. S. penny dated 1840. While Mrs. J. W. Blakefield, of Lathrop, Calif., relieved her husband in an all-night vigil for chicken thieves, burglars entered the bedroom where Blakefield was sleeping stole his trousers, money watch and other valuables. Police Judge William Steinrauf, of Topeka, Kans., arrested himself for parking his automobile too long on a down town street. History was rudely jarred in Waukegan, Ill., when Ben Franklin was arrested for speeding and reckless driving for which he was fined $11.40 and costs. A California inventor has a sun dial with curved lines on which the shadow of the pointer falls for the hours and minutes, thereby telling the exact time. Circuit Judge Joseph A. Moynihan recently held court in the vault of a Wayne, Mich., savings bank because it was easier to move the court than the records of a receivership case. At Grant's Pass., Ore F. E. Jordan, nurseryman, has a Chinese pear tree, which has 108 grafts, 9 of which will bear this year.