9198. Calhoun State Bank (Homer, MI)

Bank Information

Episode Type
Suspension → Reopening
Bank Type
state
Start Date
August 8, 1933
Location
Homer, Michigan (42.146, -84.809)

Metadata

Model
gpt-5-mini
Short Digest
ad1ae8fd

Response Measures

None

Description

Articles (Aug 8, 1933) report that reorganization/reopening plans for Calhoun State Bank, Homer, were approved by the governor's advisory banking committee. They imply the bank had been closed or under supervision and is being allowed to reopen after reorganization. No article mentions a depositor run; therefore classified as a suspension with subsequent reopening.

Events (2)

1. August 8, 1933 Reopening
Newspaper Excerpt
CALHOUN STATE BANK REOPENING APPROVED ... organization plans for the reopening of the Calhoun State bank, Homer ... were approved today by the governor's advisory banking committee.
Source
newspapers
2. * Suspension
Cause
Government Action
Cause Details
Bank had been closed/placed under supervision and required state-approved reorganization before reopening; closure implied by need for governor's advisory committee approval of reopening.
Newspaper Excerpt
reorganization plans for the Calhoun State bank, Homer ... were approved today by the governor's advisory banking committee.
Source
newspapers

Newspaper Articles (2)

Article from Battle Creek Moon-Journal, August 8, 1933

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Article Text

CALHOUN STATE BANK REOPENING APPROVED Lansing. Aug. organization plans for the reopening of the Calhoun State bank, Homer. and the Birch Run State bank. Birch Run. were approved today by the governor's advisory banking committee.


Article from Battle Creek Enquirer, August 8, 1933

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Article Text

Homer Bank Plan Approved Today Aug. state banking committee today approved reorganization plans for the Calhoun State bank Homer, and the Birch Run State bank. of Birch Run.