Dow City Bank - Dow City, IA

Episode Information

Episode UID: 7793940991500
Episode Type: Suspension → Closure
Bank Type: trust
Bank ID: 779394099 hash
Start Date: December 1, 1924*
Location: Dow City, Iowa (41.929, -95.494)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 96dfcc358e1f073f

Response Measures

None

Description

OCR errors in article; date given as Dec without day—additional articles could confirm exact sequence and final disposition.

Events (1)

1. December 1, 1924* Suspension

Cause: Bank Specific Adverse Info
Cause Details: Bank officers unable to obtain a $600,000 state funds deposit, precipitating closure
Newspaper Excerpt: Officers declared they unable to obtain the $600,000 state funds deposit
Source: newspapers

Newspaper Articles (1)

1. January 1, 1925 The Montgomery Advertiser Montgomery, AL

Article from The Montgomery Advertiser, January 1, 1925

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Article Text

EPIDEMIC OF BANK CLOSINGS IN IOWA Combination of Causes, Including Runs, Causes Series of Suspensio DES MOINES, IA., Dec bination of tainty as rights surety companies guaran bublic deposits, the probable large public failure banks bonds for public was of bank suspensions Five closed Ing the and turned the banking partment, announced, will exert effort to protect the These were the and the The Included the First National Bank of Denison, and banks controlled that Dow City and Bank here was the largest Institution its doors. Officers declared they unable to obtain the $600,000 state funds deposit and that this sum in prospect with the changing Friday. The Mechanics allied Commercial, after experiencing during the first hour this morning.