Farmers Bank (Rossburg, OH)

Episode Information

Episode UID
9161940691565
Episode Type
Run → Suspension → Unsure
Bank Type
state
Bank ID
916194069 hash
Start Date
May 1, 1930
Location
Rossburg, Ohio (40.281, -84.639)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
d75eb694ac96d2e2

Response Measures

None

Description

Articles report false rumors and depleted deposits and that the bank failed to open; no clear statement about permanent closure or reopening.

Events (2)
1. May 1, 1930 Run
Cause
Rumor Or Misinformation
Cause Details
False rumors about the bank's financial condition led to large withdrawals and depletion of deposits.
Measures
Funds transferred to the vaults of the Peoples Savings Bank, Greenville; officials began an audit.
Newspaper Excerpt
The Farmers Bank at Rossburg failed open its doors Saturday the bank, said have been caused by false relative its financial condition depleted its deposits
Source
newspapers
2. May 1, 1930 Suspension
Cause
Rumor Or Misinformation
Cause Details
Bank failed to open after deposits were depleted following false rumors; officials removed funds to another bank and audit begun.
Newspaper Excerpt
The Farmers Bank at Rossburg failed open its doors Saturday morning.
Source
newspapers

Newspaper Articles (2)
1. May 1, 1930 New Madison Herald New Madison, OH
Article from New Madison Herald, May 1, 1930

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Article Text

COUNTY BANK FAILS TO OPEN SATURDAY The Farmers Bank at Rossburg failed open its doors Saturday the bank, said have been caused by false relative its financial condition depleted its deposits from since the first of the Officials the bank declare that solvent and that depositors suffer losses. Funds the bank have been transferred the vaults the Pedples Savings Greenville, and state officials begun an audit the institution's accounts. Withweeks, report of the bank's condition be available.

2. May 1, 1930 The Arcanum Times Arcanum, OH
Article from The Arcanum Times, May 1, 1930

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Article Text

COUNTY BANK FAILS TO OPEN SATURDAY The Farmers Bank at Rossburg failed open its doors Saturday morning. the bank, said have been caused by false rumrelative to its condition depleted deposits from 000 to the first of the Officials of the bank declare that and that depositors suffer losses. Funds the bank have been transferred to the vaults of the Pedples Savings Bank, Greenville, and officials have begun an audit the institution's accounts. Withfew weeks, report the condition be available.