State Bank (Argyle, WI)

Episode Information

Episode UID
79041171564
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
7904117 routing
Routing Number
79-0411
Start Date
April 19, 1930
Location
Argyle, Wisconsin (42.701, -89.867)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
ee2e238b369f7ab5

Response Measures

None

Description

OCR garbling in articles suggests the bank name (likely Commercial State Bank) is uncertain.

Events (2)
1. April 19, 1930 Suspension
Cause
Government Action
Cause Details
Suspended by state banking authorities (regulatory suspension) due to problems later described as frozen assets and deficient cash reserve.
Newspaper Excerpt
The bank was suspended April 19, 1930.
Source
newspapers
2. August 5, 1930 Receivership
Newspaper Excerpt
The mmerc State bank, Argyle, has closed because of frozen assets and deficient cash reserve, the state today.
Source
newspapers

Newspaper Articles (2)
1. August 5, 1930 The Sheboygan Press Sheboygan, WI
Article from The Sheboygan Press, August 5, 1930

Click image to open full size in new tab

Article Text

Argyle Bank Closes Doors Madison, Wis. The mmerc State bank, Argyle, has closed because of frozen assets and deficient cash reserve, the state today. was listed at surplus $8,000, and deposits $317. 878.31. Officers of the bank are president, Robert vice president, H. Hawley; and cashier, C. McQuillan. The Farmers and Merchants bank, Richland Center, has been reorganized and for business today, the The bank was suspended April 19, 1930.

2. August 5, 1930 Baraboo News Republic Baraboo, WI
Article from Baraboo News Republic, August 5, 1930

Click image to open full size in new tab

Article Text

Argyle Bank Closes, Reports Madison The cial State bank, has closed because of frozen assets and deficient cash reserve, the banking commission day. Capital was listed at surplus $8,000, and deposits 878.31. Officers of the bank President, Robert Peacock; President, H. Hawley; and C. McQuillan. The Farmers and bank, Richland Center, has been reorganized and was reopened for business today, the commission ported. The bank was suspended April 19, 1930. Three feet diameter taining three-pound tungsten, ament. the world's largest electric light has been made picture studio.