First Trust & Savings Bank (Whiting, IN)

Episode Information

Episode UID
71028971584
Episode Type
Suspension → Closure
Bank Type
trust
Bank ID
7102897 routing
Routing Number
71-0289
Start Date
December 1, 1931*
Location
Whiting, Indiana (41.680, -87.494)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
5c879c382412675a

Response Measures

None

Events (1)
1. December 1, 1931* Suspension
Cause
Voluntary Liquidation
Cause Details
Discontinued operations as part of a merger with the newly organized State Bank of Whiting.
Newspaper Excerpt
The First Trust and Savings Bank of Whiting discontinued its banking operations in December, 1931, following its merger with the newly organized State Bank of Whiting.
Source
newspapers

Newspaper Articles (8)
1. June 2, 1932 The Times Hammond, IN

Article Text

DIVIDEND ON REAL ESTATE CERTIFICATES Three Per Cent Dividend Has Been Declared By Liquidating Committee WHITING, Ind., June 2.—A dividend of three per cent has been declared on the liquidating committee's certificates of deposit for First Trust and Savings Bank Real Estate Certificates, Oscar A. Ahlgren, chairman of the deposit committee, announced today. The First Trust and Savings Bank of Whiting discontinued its banking operations in December, 1931, following its merger with the newly organized State Bank of Whiting. The three-per cent dividend on the certificates of deposit represents approximately $25,000, Mr. Ahlgren said. Certificates of deposit for the real estate certificates (first mortgage) total approximately $45,000, it has been learned. Checks for the dividends were put in the mail today, Ahlgren stated. With each check is enclosed the following letter, signed by members of the deposit committee, who are Oscar A. Ahlgren, chairman, Fred J. Smith, Stanley Warych, William Soroka and Thomas B. Cerajewski. "A dividend of three per cent has been declared on the Liquidating Committee's Certificates of deposit for First Trust & Savings Bank Real Estate Certificates. If you have deposited your certificates we enclose a check for the dividend to which you are entitled. "If you have not deposited your certificates the committee strongly urges you to do so; the dividend will be paid on these certificates immediately upon their deposit. "The committee's time to date has been occupied largely in securing the deposit of certificates, and the work of appraisal, collection of delinquent interest and mortgage principal will now go forward vigorously. We feel sure that the certificate holders will have every reason to be gratified with the

2. June 2, 1932 The Times Hammond, IN

Article Text

DIVIDEND ON REAL ESTATE CERTIFICATES Three Per Cent Dividend Has Been Declared By Liquidating Committee WHITING, Ind., June 2.—A dividend of three per cent has been declared on the liquidating committee's certificates of deposit for First Trust and Savings Bank Real Estate Certificates, Oscar A. Ahlgren, chairman of the deposit committee, announced today. The First Trust and Savings Bank of Whiting discontinued its banking operations in December, 1931, following its merger with the newly organized State Bank of Whiting.

3. June 2, 1932 The Times Hammond, IN

Article Text

The First Trust and Savings Bank of Whiting discontinued its banking operations in December, 1931, following its merger with the newly organized State Bank of Whiting. The three-per cent dividend on the certificates of deposit represents approximately $25,000, Mr. Ahlgren said. Certificates of deposit for the real estate certificates (first mortgage) total approximately $45,000, it has been learned. Checks for the dividends were put in the mail today, Ahlgren stated. With each check is enclosed the following letter, signed by members of the deposit committee, who are Oscar A. Ahlgren, chairman, Fred J. Smith, Stanley Warych, William Soroka and Thomas B. Cerajewski. "A dividend of three per cent has been declared on the Liquidating Committee's Certificates of deposit for First Trust & Savings Bank Real Estate Certificates. If you have deposited your certificates we enclose a check for the dividend to which you are entitled. "If you have not deposited your certificates the committee strongly urges you to do so; the dividend will be paid on these certificates immediately upon their deposit. "The committee's time to date has been occupied largely in securing the deposit of certificates, and the work of appraisal, collection of delinquent interest and mortgage principal will now go forward vigorously. We feel sure that the certificate holders will have every reason to be gratified with the (Continued on Page Eleven)

4. June 2, 1932 The Times Hammond, IN

Article Text

DIVIDEND ON REAL ESTATE CERTIFICATES Three Per Cent Dividend Has Been Declared By Liquidating Committee WHITING, Ind., June 2.—A dividend of three per cent has been declared on the liquidating committee's certificates of deposit for First Trust and Savings Bank Real Estate Certificates, Oscar A. Ahlgren, chairman of the deposit committee, announced today. The First Trust and Savings Bank of Whiting discontinued its banking operations in December, 1931, following its merger with the newly organized State Bank of Whiting. The three-per cent dividend on the certificates of deposit represents approximately $25,000, Mr. Ahlgren said. Certificates of deposit for the real estate certificates (first mortgage) total approximately $45,000, it has been learned. Checks for the dividends were put in the mail today, Ahlgren stated. With each check is enclosed the following letter, signed by members of the deposit committee, who are Oscar A. Ahlgren, chairman, Fred J. Smith, Stanley Warych, William Soroka and Thomas B. Cerajewski. "A dividend of three per cent has been declared on the Liquidating Committee's Certificates of deposit for First Trust & Savings Bank Real Estate Certificates. If you have deposited your certificates we enclose a check for the dividend to which you are entitled. "If you have not deposited your certificates the committee strongly urges you to do so; the dividend will be paid on these certificates immediately upon their deposit. "The committee's time to date has been occupied largely in securing the deposit of certificates, and the work of appraisal, collection of delinquent interest and mortgage principal will now go forward vigorously. We feel sure that the certificate holders will have every reason to be gratified with the (Continued on Page Eleven)

5. June 2, 1932 The Times Hammond, IN

Article Text

DIVIDEND ON REAL ESTATE CERTIFICATES Three Per Cent Dividend Has Been Declared By Liquidating Committee WHITING, Ind., June 2.—A dividend of three per cent has been declared on the liquidating committee's certificates of deposit for First Trust and Savings Bank Real Estate Certificates, Oscar A. Ahlgren, chairman of the deposit committee, announced today. The First Trust and Savings Bank of Whiting discontinued its banking operations in December, 1931, following its merger with the newly organized State Bank of Whiting. The three-per cent dividend on the certificates of deposit represents approximately $25,000, Mr. Ahlgren said. Certificates of deposit for the real estate certificates (first mortgage) total approximately $45,000, it has been learned.

6. June 2, 1932 The Times Hammond, IN

Article Text

WHITING, Ind., June 2.—A dividend of three per cent has been declared on the liquidating committee's certificates of deposit for First Trust and Savings Bank Real Estate Certificates, Oscar A. Ahlgren, chairman of the deposit committee, announced today. The First Trust and Savings Bank of Whiting discontinued its banking operations in December, 1931, following its merger with the newly organized State Bank of Whiting. The three-per cent dividend on the certificates of deposit represents approximately $25,000, Mr. Ahlgren said. Certificates of deposit for the real estate certificates (first mortgage) total approximately $45,000, it has been learned. Checks for the dividends were put in the mail today, Ahlgren stated. With each check is enclosed the following letter, signed by members of the deposit committee, who are Oscar A. Ahlgren, chairman, Fred J. Smith, Stanley Warych, William Soroka and Thomas B. Cerajewski. "A dividend of three per cent has been declared on the Liquidating Committee's Certificates of deposit for First Trust & Savings Bank Real Estate Certificates. If you have deposited your certificates we enclose a check for the dividend to which you are entitled. "If you have not deposited your certificates the committee strongly urges you to do so; the dividend will be paid on these certificates immediately upon their deposit. "The committee's time to date has been occupied largely in securing the deposit of certificates, and the work of appraisal, collection of delinquent interest and mortgage principal will now go forward vigorously. We feel sure that the certificate holders will have every reason to be gratified with the (Continued on Page Eleven)"

7. June 2, 1932 The Times Hammond, IN

Article Text

DIVIDEND ON REAL ESTATE CERTIFICATES Three Per Cent Dividend Has Been Declared By Liquidating Committee WHITING, Ind., June 2.—A dividend of three per cent has been declared on the liquidating committee's certificates of deposit for First Trust and Savings Bank Real Estate Certificates, Oscar A. Ahlgren, chairman of the deposit committee, announced today. The First Trust and Savings Bank of Whiting discontinued its banking operations in December, 1931, following its merger with the newly organized State Bank of Whiting. The three-per cent dividend on the certificates of deposit represents approximately $25,000, Mr. Ahlgren said. Certificates of deposit for the real estate certificates (first mortgage) total approximately $45,000, it has been learned. Checks for the dividends were put in the mail today, Ahlgren stated. With each check is enclosed the following letter, signed by members of the deposit committee, who are Oscar A. Ahlgren, chairman, Fred J. Smith, Stanley Warych, William Soroka and Thomas B. Cerajewski. "A dividend of three per cent has been declared on the Liquidating Committee's Certificates of deposit for First Trust & Savings Bank Real Estate Certificates. If you have deposited your certificates we enclose a check for the dividend to which you are entitled.

8. June 2, 1932 The Times Hammond, IN

Article Text

The First Trust and Savings Bank of Whiting discontinued its banking operations in December, 1931, following its merger with the newly organized State Bank of Whiting. The three-per cent dividend on the certificates of deposit represents approximately $25,000, Mr. Ahlgren said. Certificates of deposit for the real estate certificates (first mortgage) total approximately $45,000, it has been learned.