Iowa Savings Bank - Rock Rapids, IA

Episode Information

Episode UID: 72040771503
Episode Type: Suspension → Closure
Bank Type: savings
Bank ID: 7204077 routing
Routing Number: 72-0407
Start Date: March 11, 1925
Location: Rock Rapids, Iowa (43.427, -96.176)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 5fd7eb9bed0105e6

Response Measures

None

Events (1)

1. March 11, 1925 Receivership

Newspaper Excerpt: Robert L. Leach, receiver of the Iowa Savings bank, has started a foreclosure action
Source: newspapers

Newspaper Articles (1)

1. March 12, 1925 The Sioux City Journal Sioux City, IA

Article from The Sioux City Journal, March 12, 1925

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Article Text

Bank Receiver Sues. Rock Rapids, Ia., March 11.—Special: Robert L. Leach, receiver of the Iowa Savings bank, has started a foreclosure action for $92,820 against N. Hampe on a second mortgage of $85,000 he gave to the Iowa Savings bank to protect its deposits some time before the bank became insolvent. Annis & Rohling already held a first mortgage of $36,000. Red rot is the most important cause of loss to the sugar cane farmers in India.

Episode Information

Metadata

Response Measures

Events (1)

Newspaper Articles (1)

Article Text

Bank runs are almost always and everywhere a deterioration of bank fundamentals.

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