State Savings Bank - Essexville, MI

Bank Information

Episode Type: Suspension → Closure
Bank Type: savings bank
Start Date: April 17, 1933
Location: Essexville, Michigan (43.615, -83.842)

Metadata

Model: gpt-5-mini
Short Digest: 9d513b00

Response Measures

None

Description

Article reports the state banking commissioner appointing a conservator (receiver) for the State Savings Bank, Essexville (April 1933). No run or depositor panic is mentioned; this is a government action suspension leading to receivership/closure.

Events (3)

1. April 17, 1933 Receivership

Newspaper Excerpt: appointment of Leo Navarre conservator for the State Savings bank Essexville by Reichert, state banking comfollowing today's meeting of the governor's advisory banking commission. Reichert also announced substitution of Wm. Amerman conservator of the Peoples State bank, New Boston, succeeding Frank H. Clark.
Source: newspapers

2. April 17, 1933 Suspension

Cause: Government Action
Cause Details: State banking commissioner (Reichert) appointed a conservator following a meeting of the governor's advisory banking commission.
Newspaper Excerpt: appointment of Leo Navarre conservator for the State Savings bank Essexville by Reichert, state banking comfollowing today's meeting of the governor's advisory banking commission.
Source: newspapers

3. * Other

Source: newspapers

Newspaper Articles (1)

1. April 17, 1933 Marshall Evening Chronicle Marshall, MI

Article from Marshall Evening Chronicle, April 17, 1933

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Article Text

April pointment of Leo Navarre servator for the State Savings bank Essexville by Reichert, state banking comfollowing today's meeting of the governor's advisory banking commission. Reichert also announced substitution of Wm. Amerman conservator of the Peoples State bank, New Boston, succeeding Frank H. Clark.