6150. Citizens State Bank (Noblesville, IN)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
January 1, 1933*
Location
Noblesville, Indiana (40.046, -86.009)

Metadata

Model
gpt-5-mini
Short Digest
9fcc095b

Response Measures

None

Description

Articles (1935–1936) describe Citizens State Bank as defunct and in receivership and refer to its having closed three years ago (≈1933). No article mentions a depositor run; the bank was placed in receivership and remains closed. Dividends paid by the receiver in 1935 and 1936 are recorded.

Events (3)
1. January 1, 1933* Suspension
Cause
Government Action
Cause Details
Bank closed and was placed in receivership (defunct) around 1933, per newspapers referring to it as now in receivership and closed three years ago.
Newspaper Excerpt
the institution closed three years ago
Source
newspapers
2. December 9, 1935 Receivership
Newspaper Excerpt
Citizens State Bank, now in receivership. A similar 10 per cent dividend was paid in September.
Source
newspapers
3. April 11, 1936 Other
Newspaper Excerpt
Depositors of the defunct Citizens State Bank today were to receive 10 per cent dividends representing $48,500. This the third dividend paid, making a total of 30 per cent since the institution closed three years ago.
Source
newspapers

Newspaper Articles (3)
1. December 9, 1935 The Indianapolis Times Indianapolis, IN
Article from The Indianapolis Times, December 9, 1935

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Article Text

Noblesville Bank Pays $36,000 Times Special NOBLESVILLE, Ind., Dec. 9.-An early Christmas gift of $36,000 is being distributed today among depositors of the Citizens State Bank, now in receivership. A similar 10 per cent dividend was paid in September.

2. April 11, 1936 The Indianapolis Times Indianapolis, IN
Article from The Indianapolis Times, April 11, 1936

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Article Text

PAYS THIRD DIVIDEND Noblesville Bank Receiver Gives Out $48,500. By United Press NOBLESVILLE, April 11.-Depositors of the defunct Citizens State Bank today were to receive 10 per cent dividends representing $48,500. This / the third dividend paid, making a total of 30 per cent since the institution closed three years ago.

3. April 11, 1936 The Indianapolis Times Indianapolis, IN
Article from The Indianapolis Times, April 11, 1936

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Article Text

PAYS THIRD DIVIDEND Noblesville Bank Receiver Gives Out $48,500. By United Press NOBLESVILLE, April 11.-Depositors of the defunct Citizens State Bank today were to receive 10 per cent dividends representing $48,500. This the third dividend paid, making a total of 30 per cent since the institution closed three years ago.