Farmers & Merchants State Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: March 29, 1933
Location: Mesick, Michigan (44.405, -85.713)

Metadata

Model: gpt-5-mini
Short Digest: 45c21561

Response Measures

None

Description

Article (Battle Creek Moon-Journal, 1933-03-29) lists Saranac State Bank among institutions for which conservators were appointed by the banking commission. No run is mentioned and a conservator indicates government intervention; no reopening is reported in these items, so classified as suspension leading to closure/receivership.

Events (1)

1. March 29, 1933 Suspension

Cause: Government Action
Cause Details: Conservator appointed for Saranac State Bank by the banking commission (government intervention).
Newspaper Excerpt: Saranac State bank. Saranac Charles Huhn.
Source: newspapers

Newspaper Articles (1)

1. March 29, 1933 Battle Creek Moon-Journal Battle Creek, MI

Article from Battle Creek Moon-Journal, March 29, 1933

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Article Text

CONSERVATORS ARE APPOINTED (Continued from Page One.) State Bank of Linwood, Linwood, Joseph A. Ouillette Lincoln State bank, Lincoln, W. G. Anderson. Rockwood State bank. RockWagar. and Merchants State bank, Wheeler. Henry Mead. Armada State bank, Armada. James Neeley. State bank, Brighton, Savings bank. MoAddison State Savings bank AdB. Zeeland State bank. Zeeland. Den Herder. State Bank of Vestaburg. Vesta burg. Andrew W. Orr Blanchard State bank, BlanchAndrew Orr. State Bank of Six Lakes. Six Lakes. Andrew Orr. Newport State bank, Newport. Thomas Rabbitt Farmers Merchants State bank. Mesick, Lewis M. Hilton First State bank. Ashley, Garland State bank, Van Dyke, Eugene Carey Saranac State bank. Saranac Charles Huhn. First State Bank of Swift First State bank, Maple Rapids, H. Annis Moline State bank, Moline. Joe Haveman. First State bank, White H. Gustin. Algonac Savings bank, Algonac, W. Folsom. American Home Security, Grand Rapids, Howard Lawrence. Appointment of the following torneys to represent conservators was announced by the commission: Flint Union Industrial bank, Guy Wilson. Genesee County Savings Neithercut and Neithercut. Detroit Trust company, Anderson, Wilcox, Lacey and Lawson.