Citizens State Bank (Osceola, MO)

Episode Information

Episode Type
Run → Suspension → Closure
Start Date
February 13, 1931
Location
Osceola, Missouri (38.047, -93.704)
Bank Type
state
Routing Number
80-1525

Metadata

Events (2)

1. February 13, 1931 Run
Cause Details
Steady/constant withdrawals (run) forced the bank to close; no specific rumor or external failure identified in articles.
Newspaper Excerpt
Constant withdrawals were blamed the failure of the Citizens State Bank Osceola which closed yesterday.
Source
newspapers
2. February 13, 1931 Suspension
Cause Details
Bank was closed by its directors because of heavy withdrawals (closure following the run).
Newspaper Excerpt
Run Closes Bank JEFFERSON Feb. steady withdrawal funds. directors of the citizens' bank of Osceola ... closed the institution.
Source
newspapers

Newspaper Articles (2)

Article Text

Heavy Withdrawals Close Osceola Bank Jefferson City, Feb. Constant withdrawals were blamed the failure of the Citizens State Bank Osceola which closed terday. bank reported loans total $170,253 capital stock $10.000.


Article Text

Would Have Access ficials would given access income tax returns bill troduced today by Representative Garber, The measure would allow proper authorperson abstract thereof showing the name and income

"Run" Closes Bank JEFFERSON Feb. steady withdrawal funds." directors of the citizens' bank of Osceola. St. county, Friday closed the institution. The bank had deposits