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NAMED BANK RECEIVER Ionia, June Crimmins, formerly of the Grand Rapids National Bank, has been named receiver of the National Bank of Ionia by the comptroller the announced today by Willard cashthe County National opened ago to place the old
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ST. PAUL BANK LOANS $800,000 TO CO-OPS St. Minn., Nov. of St. Paul Bank for Co-operatives to operatives on totaled it TREASURY POSITION AP) The the treasury Nov 16 ance, customs receipts for the Receipts the fiscal expendiemergency penditures) excess expenditures, gold SINK GIVEN STATE POST Lansing today former Charles A. Ann Arbor Republican as a memMichigan the William L. Clements of Bay City. Crystal N. County Per Cent Unsecured Deposits Paid Frozen Through Deposits ReorName of Bank Involved ganization City Adrian Battle Creek Tr. 7,911,000 Harbor N. B. Tr. Co. 2,461,000 Benton First B 2,301,000 Caspian N. B. 299,000 Caspian Coldwater Coldwater 569,000 Crystal Falls 452,000 Crystal Falls N. First Detroit Guardian N. B. of Commerce 108,103,000 Eaton Rapids First 411,000 Evart N. Flint First Tr. Co. 6,867,000 Gladstone First 347,000 B-Grand Rapids Grand Rapids N. 11,080,000 Hancock Superior Hastings Hastings Hillsdale 760,000 Howell First N. 405,000 Hubbell 583,000 Nat'l Bank of Ionia 1,135,000 Ionia Mountain First 1,856,000 Iron Iron River First Ishpeming Miners Jackson Union Peoples N B. 7,450,000 Lake Linden First B. Lansing Capital of Lansing 12,552,000 Lawton Ludington First B. & Manistique First in Manistique 315,000 Marshall First Monroe 2,277,000 Niles B. Tr. Co. 1,221,000 Norway First B. 1,057,000 Ontonagon First Pontiac First Pontiac 6,154,000 Richmond First N. B. 766,000 Rochester First 1,474,000 St. Ignace First 601,000 Utica 648,000 Wakefield First 537,000 -Wyandotte First 667,000 Ypsilanti First 2,320,000 Totals 44 Banks additional subsequently by receiver. B-An additional 10 per cent subsequently C-An per subsequently Following is list the unlicensed National Banks which have declared and placed in the hands of showing the percentage unsecured deposits subsequently releasd Subsequently Dividends Total Paid by Name of Bank Deposits Receivers City Almont First Avoca First B. First 138,000 Brighton Peoples B. 237,000 Bronson First B. 337,000 40 Hart Hartford Olney B. First 554,000 Manistee Paw Millington N. B Paw First 478,000 Romo Millington Citizns N. B. 518,000 Totals 10 Banks $3,104,000