Exchange State Bank - Sand Lake, MI

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: December 1, 1931
Location: Sand Lake, Michigan (43.292, -85.518)

Metadata

Model: gpt-5-mini
Short Digest: b8140ac6

Response Measures

None

Description

Article reports Exchange State Bank of Sand Lake suspended business on December 1, 1931; a receiver was requested December 8, 1931. No run is mentioned and cause for suspension is not specified in the excerpt.

Events (2)

1. December 1, 1931 Suspension

Cause Details: Article does not specify a cause for the suspension.
Newspaper Excerpt: requesting the appointment of a receiver for the Exchange State bank of Sand Lake which suspended business December 1.
Source: newspapers

2. December 8, 1931 Receivership

Newspaper Excerpt: Rudolph E. Reichert, state banking commissioner, filed a bill of complaint ... requesting the appointment of a receiver for the Exchange State bank of Sand Lake ... (Dec. 8).
Source: newspapers

Newspaper Articles (1)

1. December 8, 1931 Lansing State Journal Lansing, MI

Article from Lansing State Journal, December 8, 1931

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Article Text

Bank Receiver Asked GRAND RAPIDS. Dec. 8 (/P)-Rudolph E. Reichert, state banking commissioner. filed a bill of complaint in circuit court here Monday requesting the appointment of a receiver for the Exchange State bank of Sand Lake which suspended business December 1.