Article (1936-03-12) states the bank was closed and a receiver (Wabasso-C. Meyer) came to become receiver. The provided bank name was 'Citizens Bank' but the article names it 'Citizens State bank' — corrected to Citizens State Bank. No mention of a depositor run; the bank was closed and placed in receivership.
Events (2)
1.March 12, 1936Receivership
Newspaper Excerpt
Wabasso-C. Meyer came from northern Minnesota Friday to become receiver of the closed Citizens State bank here. He replaces Anton Kramer.
Source
newspapers
2.March 12, 1936Suspension
Cause
Government Action
Cause Details
Bank was closed and a receiver appointed to take charge.
Newspaper Excerpt
the closed Citizens State bank here.
Source
newspapers
Newspaper Articles (1)
1.March 12, 1936The Redwood GazetteRedwood Falls, MN
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Article Text
Bank Receiver Wabasso-C. Meyer came from northern Minnesota Friday to become receiver of the closed Citizens State bank here. He replaces Anton Kramer.