A. Mccoy & Company's Bank - Rensselaer, IN

Episode Information

Episode UID: 8902142891252
Episode Type: Suspension → Closure
Bank Type: private
Bank ID: 890214289 hash
Start Date: April 18, 1904
Location: Rensselaer, Indiana (40.937, -87.151)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: adee9e7474865bf1

Response Measures

None

Events (1)

1. April 18, 1904 Suspension

Cause: Voluntary Liquidation
Cause Details: Bank permanently closed and to go into liquidation; suspension attributed to sickness of one of the officers.
Newspaper Excerpt: Notice was posted on the doors of A. McCoy and company's bank here today that it was permanently closed and that it would go into liquidation.
Source: newspapers

Newspaper Articles (1)

1. April 22, 1904 The Stark County Democrat Canton, OH

Article from The Stark County Democrat, April 22, 1904

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Article Text

Private Bank Suspends. Renszaeler, Ind., April 18.-Notice was posted on the doors of A. McCoy and company's bank here today that it was permanently closed and that it would go into liquidation. It is the oldest banking house in this county. Sickness of one of the officers is given as the cause for the suspension and all claims will be paid in full. The bank had $250,000 in deposits with loans and discounts of $225,000.

Episode Information

Metadata

Response Measures

Events (1)

Newspaper Articles (1)

Article Text

Bank runs are almost always and everywhere a deterioration of bank fundamentals.

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