Article Text
Petoskey Bank Closes First failed to its doors door of the tion said was closed conserve the assets the bank for the protec-
9334. First National Bank (Petoskey, MI)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- national
- Bank ID
- 5607
- Charter Number
- 5607
- Start Date
- October 17, 1931
- Location
- Petoskey, Michigan (45.373, -84.955)
Metadata
- Model
- gpt-5-mini
- Short Digest
d0aaec24
Response Measures
None
Description
Short OCR excerpt states 'Petoskey Bank Closes' and language about conserving assets and protection; indicates the bank closed and did not reopen. No explicit mention of a depositor run in the text provided. Closure appears to be an official suspension/closing (likely by authorities) rather than a mere temporary liquidity run.
Events (2)
1.
October 24, 1900
Chartered
- Source
- historical_nic
2.
October 17, 1931
Suspension
- Cause
- Government Action
- Cause Details
- Article indicates the bank was closed to conserve assets for protection, consistent with an official suspension/closing (receiver/authority action).
- Newspaper Excerpt
- Petoskey Bank Closes First failed to its doors ... said was closed conserve the assets the bank for the protection
- Source
- newspapers
Newspaper Articles (1)
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