Article Text
Bank Suspended and frozen assets have caused suspension of the Farmers and Merchants State bank of Hortonville with $220,000, Calvin Schwenker, commissioner of announced today.
Farmers & Merchants State Bank (Hortonville, WI)
Episode Information
- Episode Type
- Suspension → Closure
- Start Date
- June 10, 1931
- Location
- Hortonville, Wisconsin (44.335, -88.638)
- Bank Type
- state
- Routing Number
79-0900
Metadata
Notes
Article announces suspension for frozen assets but gives no information about reopening or receivership; assumed likely failure given context.
Events (1)
1.
June 10, 1931
Suspension
- Cause
- Bank Specific Adverse Info
- Cause Details
- Frozen assets caused the bank to suspend operations; announced by the commissioner.
- Newspaper Excerpt
- Bank Suspended and frozen assets have caused suspension of the Farmers and Merchants State bank of Hortonville
- Source
- newspapers