Single article (Jan 20, 1933) reports that a banking examiner was appointed temporary receiver for State Savings Bank of Bad Axe. No mention of a prior run in the provided text; appointment of a receiver implies the bank closed and entered receivership. Classified as suspension_closure (suspension/closure with receiver).
Events (1)
1.January 20, 1933Receivership
Newspaper Excerpt
Verne Geiger, examiner of the banking department, has been appointed temporary receiver for State Savings bank of Bad Axe.
Source
newspapers
Newspaper Articles (1)
1.January 20, 1933The Minden City HeraldMinden City, MI
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Article Text
LOCAL MAN APPOINTED BANK RECEIVER
Verne Geiger, examiner of the banking department, has been appointed temporary receiver for State Savings bank of Bad Axe.