Lyndon State Bank (Lyndon Station, WI)

Episode Information

Episode UID
79078371575
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
7907837 routing
Routing Number
79-0783
Start Date
March 26, 1931
Location
Lyndon Station, Wisconsin (43.712, -89.900)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
81330b8b98e0ebad

Response Measures

None

Description

Articles state the bank was closed/suspended by the state banking department; later reporting of cashier arrest implies irregularities.

Events (1)

1. March 26, 1931 Suspension
Cause
Government Action
Cause Details
State banking commissioner closed/suspended the bank because of frozen assets/defaulted liens.
Newspaper Excerpt
Closing of the Lyndon State bank, Lyndon Station, Juneau county, with deposits of $241,954, was announced today by Calvin F. Schwenker, state banking commissioner.
Source
newspapers

Newspaper Articles (3)

Article from The Daily Tribune, March 26, 1931

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Article Text

Juneau County Bank Closed Yesterday Madison, Wis., Mar. The Lyndon state bank at Lyndon station Juneau county closed because of frozen defaulted liens, according the banking department.


Article from Kenosha News, March 26, 1931

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Article Text

Lyndon State Bank is Suspended Today Madison, Wis.-(U.P)-Closing of the Lyndon State bank, Lyndon Station, Juneau county, with deposits of $241,954, was announced today by Calvin F. Schwenker, state bankin commissioner. Frozen assets wer blamed. The bank was organized 1912. D. J. Puffer was president James Costigan vice president, an Frank McQuillan cashier. Phone 5121 for your Want Ads


Article from The Daily Tribune, July 16, 1931

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Article Text

Release Juneau Co. Banker Under Bonds Mauston, LeRoy Marquette, former cashthe Lyndon (Wis.) State bank, who himself shortly af ter arrest for illegal from the institution, and was for trial following recovery, released total bond after being examined on ten more yesterday. His first bond was $6,000. This was increased $4,000 yesterday the preliminary hearing charges making false entries, straction and funds. The bank was closed last spring.