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-
First National Bank (Petoskey, MI)
Episode Information
- Episode UID
560701582- Episode Type
- Suspension → Closure
- Bank Type
- national
- Bank ID
-
56070national - Charter Number
- 5607
- Start Date
- October 17, 1931
- Location
- Petoskey, Michigan (45.373, -84.955)
Metadata
- Model
- gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
- Short Digest
70f4643a14194ef9
Response Measures
None
Description
Article fragment strongly indicates the Petoskey bank closed to conserve assets, but text is terse and ambiguous about permanence or receivership.
Events (2)
1.
October 24, 1900
Chartered
- Source
- historical_nic
2.
October 17, 1931
Suspension
- Cause
- Bank Specific Adverse Info
- Cause Details
- Bank closed/failed and shut its doors to conserve assets and protect depositors (article implies insolvency).
- Newspaper Excerpt
- Petoskey Bank Closes First failed to its doors door of the tion said was closed conserve the assets the bank for the protec-
- Source
- newspapers