First State Savings Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: savings bank
Start Date: March 17, 1926
Location: Marcellus, Michigan (42.026, -85.816)

Metadata

Model: gpt-5-mini
Short Digest: 8f2503a2

Response Measures

None

Description

Article (1926-03-17) reports a receiver (Jesse Bilderback) for the First State Savings Bank of Marcellus and a suit by the receiver. No newspaper text mentions a run; the receiver indicates the bank is in receivership/closed. There is no explicit statement of suspension date in the article, but receivership implies permanent closure; classification chosen as suspension_closure.

Events (1)

1. March 17, 1926 Receivership

Newspaper Excerpt: BANK RECEIVER SUES Jesse Bilderback, receiver of the First State Savings bank of Marcellus, today filed suit in the circuit court...
Source: newspapers

Newspaper Articles (1)

1. March 17, 1926 The Herald-Palladium Benton Harbor, MI

Article from The Herald-Palladium, March 17, 1926

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Article Text

LIBERTIES NEW YORK, March bonds first second fourth Treasury 107.27. BANK RECEIVER SUES Jesse Bilderback, receiver of the First State Savings bank of Marcellus, today filed suit in the circuit court against Harry L. Crandall, to collect $3,500 note. The suit was filed through Attorney Asa K. Hayden of Cassopolis.