First National Bank - Clintonville, WI

Bank Information

Episode Type: Suspension → Reopening
Bank Type: national
Bank ID: 6273
Charter Number: 6273
Start Date: April 4, 1933
Location: Clintonville, Wisconsin (44.621, -88.762)

Metadata

Model: gpt-5-mini
Short Digest: 0fbc664e

Response Measures

None

Receivership Details

Depositor recovery rate: 83.5%
Date receivership started: 1933-08-16
Date receivership terminated: 1938-04-02
Share of assets assessed as good: 13.7%
Share of assets assessed as doubtful: 61.3%
Share of assets assessed as worthless: 25.0%

Description

Article (Green Bay Press-Gazette, 1933-04-04) reports the First National Bank of Clintonville again opened for restricted business under a conservator (Mr. Anthes). The piece implies the bank had been suspended earlier and now reopens for deposits only; no run is described. I inferred a prior suspension caused by appointment of a conservator (government action).

Events (4)

1. May 24, 1902 Chartered

Source: historical_nic

2. April 4, 1933 Reopening

Newspaper Excerpt: CLINTONVILLE First National bank this city again opened for restricted ... Mr Anthes has instructed collect maturing obligations the bank but no loans can be made, and no new deposit[s?]. authorized to open the bank new deposit only ... Anthes president the bank was appointed as conservator.
Source: newspapers

3. August 16, 1933 Receivership

Source: historical_nic

4. * Suspension

Cause: Government Action
Cause Details: Bank had been placed under a conservator (appointment of conservator led to suspension).
Newspaper Excerpt: Anthes ... was appointed as conservator.
Source: newspapers

Newspaper Articles (1)

1. April 4, 1933 Green Bay Press-Gazette Green Bay, WI

Article from Green Bay Press-Gazette, April 4, 1933

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Article Text

CONSERVATION CORPS UNITS MAY HEAD FOR SOUTH BY APRIL 15 in the nation's forests where the weather will permit the immediby ployed by the government were sought foresters to with the new diof the of Fechner, ice-president of the of Ma. chinists hoped to start his first of recruits for woods Apr Climatic the south led expectation that the first be put work in the of that section Registration unemployed will started by the departFriday Saturday and the first men chosen will spend part army camps preparation forest work. CLINTONVILLE REOPENS CLINTONVILLE First National bank this city again opened for restricted Anthes president the bank was appointed as conservator. and was authorized to open the bank new deposit only Mr Anthes has instructed collect maturing obligations the bank but no loans can be made. and no with-