State Bank (Kempton, IL)

Episode Information

Episode UID
70139071584
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
7013907 routing
Routing Number
70-1390
Start Date
December 19, 1931
Location
Kempton, Illinois (40.936, -88.237)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
4f0630339ec01e5d

Response Measures

None

Events (2)
1. December 19, 1931 Suspension
Cause
Government Action
Cause Details
Bank closed on December 19, 1931; subsequently placed under state oversight and receiver appointed.
Newspaper Excerpt
The bank was closed on December 19th, 1931.
Source
newspapers
2. February 9, 1932 Receivership
Newspaper Excerpt
Wilson has been appointed receiver of the State Bank of Kempton. ... received his appointment ... on February 9th.
Source
newspapers

Newspaper Articles (2)
1. February 25, 1932 The Piper City Journal Piper City, IL

Article Text

Kempton Bank Receiver Appointed 0. 1. Wilson has been appointed receiver of the State Bank of Kemp- ton. Mr. Wilson, who is a well known Kempton business man, received his appointment from Oscar Nelson, Auditor of Public Accounts, on February 9th. He has entered on his duties as receiver. The bank was closed on December 19th, 1931. -Sell it with a want adv.

2. July 27, 1933 Sibley Journal Sibley, IL

Article Text

Flew To Springfield "Barney" Wilson, well known fly. ing enthusiast and receiver of the state bank at Kempton, flew to Sibley today (Thursday) in bis new Stinson monoplane and was accompanied to Springfield by E. D. Cameron and son, William, who are also receivers in state banks at Gibson City and Melvin respectively, to attend a special meeting of state bank receivers called by state treasurer Edward J. Barrett. Goodness and Beauty What is beautiful is good, and who is good will soon also be beautiful. -Sappho.