State Bank (Osco, IL)

Episode Information

Episode UID
70151171599
Episode Type
Suspension → Run → Reopening
Bank Type
state
Bank ID
7015117 routing
Routing Number
70-1511
Start Date
March 24, 1933
Location
Osco, Illinois (41.348, -90.280)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
da500a30edf303d7

Response Measures

None

Description

Reopening date inferred from newspaper Friday before publication; exact suspension dates not stated.

Events (3)
1. March 24, 1933 Reopening
Newspaper Excerpt
Osco State bank, which opened for business Friday, reported record business on reopening
Source
newspapers
2. March 24, 1933 Run
Cause
Macro News
Cause Details
Heavy withdrawals by depositors following the national banking holiday.
Newspaper Excerpt
Deposits Withdrawals at Osco, March exceeded than $7000 the Osco State bank Friday, the day after the national holi... Osco State bank, which opened for business Friday, reported record busi... amounted more than the withdrawals Friday.
Source
newspapers
3. * Suspension
Cause
Government Action
Cause Details
Closed due to the national banking holiday declared in March 1933.
Newspaper Excerpt
the day after the national holiopened statement
Source
newspapers

Newspaper Articles (2)
1. March 27, 1933 The Dispatch Moline, IL

Article Text

Deposits Withdrawals at Osco, March exceeded than $7000 the Osco State bank Friday, the day after the national holiopened statement of day, according Arnold Ohrn, the cashier.

2. March 28, 1933 The Rock Island Argus Rock Island, IL

Article Text

Osco Bank Reports Big Business on Reopening Osco, III., March Osco State bank, which opened for business Friday, reported record busicashier, nounced that amounted more than the withdrawals Friday.