Fidelity Trust Company

Bank Information

Episode Type: Suspension → Closure
Bank Type: trust
Start Date: *
Location: Detroit, Michigan (42.331, -83.046)

Metadata

Model: gpt-5-mini
Short Digest: 80bc164c3e3c2db0

Response Measures

None

Description

Article is an obituary (Detroit Evening Times, 1941-07-11) that states the deceased re-entered the banking business as receiver for the Fidelity Trust Company. This indicates the Fidelity Trust Company had a receiver appointed (i.e., went into receivership/closure). No mention of a run or suspension date or details are provided in the clip, so I classify as a suspension leading to closure/receivership. Date of receivership not given in the article excerpt.

Events (1)

1. * Receivership

Newspaper Excerpt: He re-entered the banking business as receiver for the Fidelity Trust Company.
Source: newspapers

Newspaper Articles (1)

1. July 11, 1941 Detroit Evening Times Detroit, MI

Article from Detroit Evening Times, July 11, 1941

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Article Text

OBITUARIES Dittrich boro street, until services followed by burial in Mt. Olivet Cemetery. Born in Detroit, Mr. Fox lived here all his life. Starting as a messenger boy at the age of 11, he gained promotions and in 1900 bought control of the Central Savings Bank. He retired in 1924 but re-entered the banking busi-ness as receiver for the Fidelity Trust Company. He later became conservator for the Detroit Trust Company and subsequently was appointed board chairman. Years Here h. veteran De-ad today at the ad